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Key Tronic Corporation (KTCC) approached by Cemtrex, Inc. (CETX)

  • October 25, 2017

Cemtrex, Inc. (CETX) today announced a revised exchange offer, valued substantially higher at $11 per share, to acquire Key Tronic Corporation (KTCC) by offering to exchange each outstanding share of Key Tronic common stock for one series 2 unit consisting of (i) one $10 4% debenture due 2024 and (ii) one third (1/3rd) share of Cemtrex common stock.