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THERMOTREX CORPORATION ANNOUNCES PRIVATE PLACEMENT OF COMMON STOCK

 SAN DIEGO, Sept. 24 /PRNewswire/ -- ThermoTrex Corporation (AMEX: TKN) announced today that it has entered into agreements with investors for a private placement of 1,250,000 shares of its common stock at $21.75 per share. The closing is subject to certain conditions, including the declaration of effectiveness by the Securities and Exchange Commission of a registration statement covering the potential resale of such shares. Any such resale will be made only by means of the prospectus included in the registration statement.
 ThermoTrex Corporation develops advanced technology in electro-optic and electro-acoustic systems, signal processing, materials technology, lasers, and thermionic and thermoelectric direct-energy conversion. The company also manufactures and markets imaging systems for early detection of breast cancer. In addition, ThermoTrex is developing other commercial products for the medical imaging and avionics industries. ThermoTrex Corporation is a public subsidiary of Thermo Electron Corporation (NYSE: TMO).
 -0- 9/24/93
 /CONTACT: John Hatsopoulos of Thermo Electron, 617-622-1111/
 (TKN TMO)


CO: ThermoTrex Corp.; Thermo Electron Corp. ST: California IN: MTC SU: FNC

DJ -- NE004 -- 5461 09/24/93 13:55 EDT
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Publication:PR Newswire
Date:Sep 24, 1993
Words:179
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