TEKTRONIX <TEK> BEGINS DUTCH AUCTION TENDER Tektronix Inc said it began its previously announced Dutch Auction cash tender offer for up to 10 mln of its own common shares. Under the terms of the offer the company will select a single cash purchase price for the stock, based on the number of shares tendered, not to exceed 40 dlrs per share or be lower than 35 dlrs per share, Tektronix said. The company also said it does not intend to spend more than 380 mln dlrs for the shares tendered. It further stated that the tender offer expires on July eight, unless extended.