In what one independent manufacturers’ rep called the “largest and most dynamic purchase” since its acquisition of American Electric, the Memphis, Tenn.-based Thomas & Betts Corp. (T&B), agreed to acquire Lamson & Sessions in a cash transaction valued at $27 per share or approximately $450 million.
If the acquisition is approved, Lamson & Sessions’ products would become part of T&B’s electrical division and would give the company a broader array of non-metallic box
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