	kdi kdi to buy triangle microwave trmw kdi corp said it has agreed in principle to uire triangle microwave inc for dlrs plus a contingent payment for each triangle share it said holders of the contingent payment units will be entitled to receive annual payments to the extent that the predepreciation gross profits of triangle microwave in each of the years through exceed threshholds ranging from eight mln dlrs in to mln dlrs in the company said holders of triangle microwave options and warrants will be entitled to receive the difference between dlrs and their exercise price plus contingent payments kdi said completion of the transaction is subject to governmental approvals and the approval of triangle microwave shareholders and the transaction is valued at over mln dlrs it said shareholders of triangle microwave controlling about pct of the company s stock have agreed to vote in favor of the deal and to give kdi an option to buy their shares under certain components triangle microwave makes microwave components kdi a diversified company produces electronic components technical products and swimming pool equipment reuter 
