 THOUSAND OAKS, Calif. ARLINGTON, Va.--BUSINESS WIRE--Teledyne Technologies Incorporated NYSE:TDY Teledyne and FLIR Systems, Inc. NASDAQ:FLIR FLIR jointly announced today that they have entered into a definitive agreement under which Teledyne will acquire FLIR in a cash and stock transaction valued at approximately 8.0 billion. Under the terms of the agreement, FLIR stockholders will receive 28.00 per share in cash and 0.0718 shares of Teledyne common stock for each FLIR share, 