Griffon corporation to sell telephonics corporation to ttm technologies for $330 million

New york--(business wire)--griffon corporation (“griffon” or the “company”) (nyse:gff) has entered into a definitive agreement to sell telephonics corporation (“telephonics”) to ttm technologies, inc. (“ttm”) (nasdaq:ttmi) for $330 million in cash. the transaction is expected to close within the second calendar quarter of 2022, subject to certain closing conditions and regulatory approvals. “we are pleased to announce the sale of telephonics. this transaction will increase long-term value for o
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