Compass diversified terminates agreement to sell advanced circuits

Westport, conn., july 29, 2022 (globe newswire) -- compass diversified (nyse: codi) (“codi” or the “company”), an owner of leading middle market businesses, today announced that its majority-owned subsidiary, compass ac holdings, inc. (“advanced circuits”), terminated the previously announced agreement and plan of merger, dated as of october 13, 2021 (the “merger agreement”), pursuant to which advanced circuits was to be sold to tempo automation, inc. (“tempo automation”).
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