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THERMEDICS ANNOUNCES SPECIAL SHAREHOLDER MEETING AND INTENT TO DECLARE STOCK DIVIDEND

 WOBURN, Mass., Sept. 14 /PRNewswire/ -- Thermedics Inc. (AMEX: TMD) announced that it is holding a special meeting of shareholders on Oct. 22, 1993, for shareholders of record as of Oct. 7, 1993, in order to vote on increasing the number of authorized Thermedics shares from 30 million to 50 million.
 Subject to a favorable vote at this meeting, the board of directors of Thermedics has declared a three-for-two stock split, in the form of a 50 percent stock dividend, to be payable on Nov. 1, 1993, to shareholders of record as of Oct. 22.
 Financial results for prior periods will be restated to reflect the stock dividend, which will increase the number of Thermedics shares outstanding to approximately 31.6 million.
 Thermedics develops, manufactures, and markets explosives- and drug-detection devices, product quality-assurance systems, electronic test instruments, implantable heart-assist devices and other biomedical products, and provides analytical laboratory services. Thermedics is a public subsidiary of Thermo Electron Corporation (NYSE: TMO).
 -0- 9/14/93
 /CONTACT: John Hatsopoulos of Thermo Electron Corp., 617-622-1111/
 (TMO TMD)


CO: Thermedics; Thermo Electron Corp. ST: Massachusetts IN: MTC SU: DIV

JL-CM -- NE008 -- 1704 09/14/93 10:49 EDT
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Publication:PR Newswire
Date:Sep 14, 1993
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