Flextronics Agrees to Acquire Solectron

Palm Inc. is in a recapitalization deal with Elevation Partners, and more stocks in the news Monday

Solectron (SLR) agrees to be acquired by Flextronics International (FLEX) in a $3.6 billion deal. Terms: 0.3450 FLEX share or $3.89 cash per SLR share (but not a combination), subject to limitation.

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