DRS Technologies completed the sale of magnetic tape head businesses
DRS TECHNOLOGIES INC., Parsippany, N.J., completed the sale of its magnetic tape head businesses in St. Croix Falls, Wis., and Razlog, Bulgaria, to privately-held Michigan Magnetics Inc., Vermontville, Mich. DRS retains its magnetic head unit in San Jose, Calif. There will be no gain or loss from...
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