L-1 agrees to Safran bid; will sell a unit to BAE


TEL AVIV (MarketWatch) -- L-1 Identity Solutions Inc., the Stamford, Conn., provider of solutions to secure people's identities and assets, definitively agreed to be acquired for $12 a share, or $1.09 billion, by Safran, the Paris firm with interests in aerospace, defense and security. Separately, L-1 agreed to sell its intelligence-services operations to BAE Systems PLC, the U.K. defense and ...
 
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