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RELM Buys Bendix-King from AlliedSignal
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RELM Communications, Inc., a subsidiary of Adage, Inc. (NASDAQ), designs, develops and markets wireless communications products |
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RELM retained TM Capital to negotiate the strategic acquisition of the Bendix/King Mobile Communications division of AlliedSignal Inc. |
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TM Capital assisted RELM and Adage in completing this acquisition and in arranging $27 million in senior financing for acquisition and working capital purposes |
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