OAK ONDUSTRIES <OAK> TO BUY ELECTRONICS FIRM
Oak Industries Inc said it
agreed to buy the stock of Electronic Technologies Inc of New
York for an undisclosed amount of cash.
    Electronic Technologies manufactures quartz crystal
components, Oak said.
    It said the acquisition is part of its ongoing stategy to
restructure its core businesses through cost reduction programs
and the purchase of compatible companies.
 Reuter
