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January 05, 2021

Teledyne Acquiring FLIR Systems

Deal Worth Approximately $8.0 Billion

Teledyne Technologies and FLIR Systems have entered into a definitive agreement under which Teledyne will acquire FLIR in a cash and stock transaction valued at approximately $8.0 billion. Under the terms of the agreement, FLIR stockholders will receive $28.00 per share in cash and 0.0718 shares of Teledyne common stock for each FLIR share, which implies a total purchase price of $56.00 per FLIR share based on Teledyne’s 5-day volume weighted average price as of December 31, 2020. The transaction reflects a 40% premium for FLIR stockholders based on FLIR’s 30-day volume weighted average price as of December 31, 2020.

"Planning For Smart Cities Needs To Start Now"

P3 Tech & Five-Alpha have announced a strategic partnership in the Advanced Air Mobility (AAM) market, combining P3 Tech's expertise in tech law, regulation, policy and plans with Five-Alpha's industry leadership in infrastructure standards, regulations, and code development. This announcement brings together two leaders in the rapidly evolving and ever-changing arena of Urban Air Mobility (UAM) to address the growing worldwide demand for solutions and services in policy development, legal interpretation, risk analysis, strategic planning, and regulatory compliance.