TECSYN <TSNA.TO> TERMINATES TAKEOVER TALKS TecSyn International Inc said it terminated takeover discussions with a U.S.-based investors group after the group was unable to establish access to funds to complete the proposed transactions, contrary to previous assurances. TecSyn previously said it and its controlling shareholders accepted in principle a proposal from the group to offer nine dlrs a share for 70 pct of TecSyn's outstanding shares. The investor group also planned to invest 22.5 mln dlrs in a private placement of four mln non-voting TecSyn common shares, the company said.