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NORTH READING, Mass. - Teradyne Inc., which makes test systems for electronics, chips and automobiles, said Tuesday that federal officials granted early termination of the waiting period related to its acquisition of Eagle Test Systems Inc.
Teradyne in September agreed to buy the maker of semiconductor test products for about $15.65 per share. Eagle Test has about 23 million outstanding shares, valuing the deal at $359.9 million.
Teradyne said in September that it expected the deal to add to earnings, excluding purchase accounting effects, starting next year.
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