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THERMO ELECTRON CORPORATION COMPLETES PUBLIC OFFERING OF COMMON STOCK

 WALTHAM, Mass., July 20 /PRNewswire/ -- Thermo Electron Corporation (NYSE: TMO) announced today that it has completed a public offering of 4,500,000 shares of its common stock at a price of $57 per share. Lehman Brothers and NatWest Securities Limited have co-managed the offering in the United States. NatWest Securities Limited, Lehman Brothers International, and Cazenove & Co. have co-managed the offering outside the United States. The underwriters have been granted an over- allotment option, expiring Aug. 12, 1993, to purchase an additional 675,000 shares.
 Thermo Electron develops, manufactures, and markets analytical and environmental-monitoring instruments, alternative-energy systems, industrial process equipment, biomedical products, and other products based on advanced technologies. The company also provides environmental and metallurgical services.
 -0- 7/20/93
 /CONTACT: John Hatsopoulos of Thermo Electron, 617-622-1111/
 (TMO)


CO: Thermo Electron ST: Massachusetts IN: SU: OFR

DD -- NE011 -- 6718 07/20/93 10:55 EDT
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Publication:PR Newswire
Date:Jul 20, 1993
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