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Tyco International Ltd.
Bermuda-based conglomerate agreed to buy Graphic Controls Corp. for $460 million in cash and assumed debt. Tyco, which has been aggressively buying companies for the last six years, expects its sales to reach $13 billion.

Common stock data
Latest close .... $56.25
52-week range .... $34.00 - $69.00
Dividend .... $0.10
P/E ratio .... neg.
Beta .... 0.99
Average daily volume .... 1,715,391
Financial data
Annual profit .... --$835 million
Annual sales .... $7.6 billion
Earnings per share
last fiscal year .... --$1.50
Estimated EPS for 1998 .... $1.99
Key financial ratios
Profit margin .... --7.8%
Return on equity .... --24.9%
Debt to equity .... 78%
What a key exec says
"With this transaction, I'm optimistic and will be talking to the people at Tyco about expanding the floor plan (of Graphic Controls' proposed new plant in Buffalo) and adding some things to it."
-- Duane B. Hopper, Graphic Controls president
SOURCE: Bloomberg News; Zacks Investment Research

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