Carlisle (CSL) agrees to acquire Thermax-Raydex - a supplier of wires and cables to aerospace,...

|About: Carlisle Companies Inc (CSL)|By:, SA News Editor

Carlisle (CSL) agrees to acquire Thermax-Raydex - a supplier of wires and cables to aerospace, avionics and electronics companies - from Belden in a deal valued at $265M. It looks like Belden already has a use for the money: its board has approved a $200M stock buyback program. (Carlisle PR)