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Strategies & Market Trends : DYT Dynatech corp.

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To: eagle who wrote (15)4/4/1997 4:30:00 PM
From: Jerry B.   of 60
 
eagle,

Some touting from their web site...

April 1, 1997
Dynatech Completes Divestiture Program

Dynatech sold three non-strategic businesses for $61 million in cash, notes, and preferred stock, thus
completing the divestiture of 24 businesses begun in April 1994. The gross proceeds from the divestiture
program was approximately $190 million, which was used to pay down debt, to buy back stock, and to
make three strategic acquisitions.

Jerry B.
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