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Aeroflex, IFR complete merger

PLAINVIEW, N.Y.-Aeroflex Inc. announced the completion of its merger with IFR Systems Inc.

Testco Acquisition, Aeroflex’s wholly-owned subsidiary, purchased 89.5 percent of outstanding IFR shares for $1.35 per share thus completing the merger without a vote by shareholders. IFR is no longer a reporting company with publicly traded securities.

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