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Tyco Electronics Completes the Sale of its Radio Frequency Components and Subsystem and Automotive Radar Sensors Businesses

... The business, which was also formerly part of the company's Wireless Systems segment, was sold to Autoliv Inc. Both transactions closed on September 26, 2008 and the company received net cash proceeds of approximately US$470 million from these sales, subject to final working capital adjustments. These transactions illustrate further progress in achieving the company's previously...