Griffon Corporation to Sell Telephonics Corporation to TTM Technologies for $330 millionGriffon Corp • April 21st, 2022 • Metal doors, sash, frames, moldings & trim
NEW YORK, NEW YORK, April 18, 2022 – 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.
SHARE PURCHASE AGREEMENT by and among TTM TECHNOLOGIES, INC., EXPHONICS, INC., and GRIFFON CORPORATION Dated as of April 18, 2022Share Purchase Agreement • April 21st, 2022 • Griffon Corp • Metal doors, sash, frames, moldings & trim • Delaware
SHARE PURCHASE AGREEMENT, dated as of April 18, 2022 (as it may be amended, supplemented or otherwise modified from time to time in accordance with the terms hereof, this “Agreement”), by and among TTM Technologies, Inc., a corporation organized under the Laws of Delaware (“Buyer”), Griffon Corporation, a corporation organized under the Laws of Delaware (“Griffon”), and Exphonics, Inc., a corporation under the Laws of Delaware (“Exphonics” and together with Griffon, the “Sellers” and each individually, a “Seller”).
