ALLIED-SIGNAL &lt;ALD> COMPLETES UNIT SALES
  Allied-Signal Inc said it
  completed the sale seven businesses in its electronics and
  instrumentation sector for 1.8 billion dlrs in cash and in debt
  assumed by the purchasers.
      The company said last December its would sell the units by
  mid 1987. It did not identify the buyers.
      The company said the proceeds will be used to reduce debt,
  continue the company's share buyback program, and increase
  strategic investments in its core businesses and other
  corporate purposes.
      It said the units sold were Ampex Corp, Amphenol Prodcuts,
  Linotype Group, Neptune International, MPB Corp, Revere Corp
  and Sigma Instruments Inc.
  

