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Tuesday, January 27, 2015

REFILE-Market Chatter- Corporate finance press digest, (NYSE: TEL)

The following corporate finance-related stories were reported by media:* Swiss electronics company TE Connectivity Ltd is said to be nearing a deal to sell its network equipment unit to CommScope Holding Co Inc for about $3 billion, the Wall Street Journal reported, citing people familiar with the matter.

TE Connectivity Ltd. (TE Connectivity), formerly Tyco Electronics Ltd. Shares of TEL traded higher by 0.43% or $0.27/share to $63.16. In the past year, the shares have traded as low as $51.03 and as high as $65.21. On average, 1591170 shares of TEL exchange hands on a given day and today's volume is recorded at 1437814.