03:46 PM EST - DALSA Corporation : and Teledyne Technologies Incorporated jointly announced today that they have entered into a definitive agreement that provides for the acquisition of DALSA Corporation by a wholly-owned subsidiary of Teledyne. Pursuant to the transaction, Teledyne will acquire all of the outstanding common shares of DALSA for $18.25 per share payable in cash. The aggregate value for the transaction is approximately $341 million, taking into account DALSA's stock options and net cash as of September 30. DALSA Corporation
shares T.DSA are trading up $3.70 at $18.20.
