Allied-Signal plans to sell seven operating units.
- Share via
The Morris Township, N.J.-based company said it is selling off the units that comprise its electronics and instrumentation sector so that it can focus on its automotive, aerospace and engineered materials businesses. A spokesman said the company hopes to get about $1.5 billion by selling: Ampex Corp., Amphenol Products, Linotype Group and the Engineered Components Group businesses, including MPB Corp., Neptune International and Sigma Instrument.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.