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Cobham reached an agreement with Thrane & Thrane on the terms...

Cobham reached an agreement with Thrane & Thrane on the terms of a revised voluntary tender offer for shares and warrants. Shareholders will be offered about $77 for each share in Thrane & Thrane, Cobham said. The offer is an…

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increase of $2.65 per share over Cobham’s offer announced April 10. Cobham now owns or has received undertakings for a total of 2.8 million shares, “representing 47.4 percent of the fully diluted share capital of Thrane & Thrane,” Cobham said.