TRIANGLE MICROWAVE <TRMW> IN TALKS ON BUYOUT
Triangle Microwave Inc said
it is involved in talks on its possible purchase by a
"substantial U.S. company" it did not identify.
    Triangle said no agreement has yet been reached and there
can be no assurance that one will be reached. Any acquisitioon
would be subject to approval by its shareholders and to
regulatory filings, it said.
    Triangle Microwave makes microwave system components and
had earnings for the first half ended January 31 of 1,055,000
dlrs on sales of 7,292,000 dlrs, up from earnings of 763,000
dlrs on sales of 6,034,000 dlrs a year before.
 Reuter
