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Belden (BDC) has agreed to sell its Thermax and Raydex military/aerospace cable businesses to...

Belden (BDC) has agreed to sell its Thermax and Raydex military/aerospace cable businesses to Carlisle for $265M. In tandem with the sale, the company is announcing a $200M stock buyback program. Belden had a market cap of $1.6B as of yesterday's close. (PR)
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