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Breeze-Eastern Corporation Major Shareholder Opposes TransDigm Group Merger

2015-12-09 02:55:03| Logistics - Topix.net

VN Capital Management LLC, an investment advisor to a fund holding approximately 12.6% of Breeze-Eastern Corporation common shares, opposes the recently announced merger agreement between Breeze-Eastern and TransDigm Group, Inc. . VN Capital encourages other shareholders not to tender their shares because we believe the accepted $19.61 sale price is inadequate and significantly undervalues the company.

Tags: group major corporation merger

 

Colfax Corporation: Recent Tumble Brings Shares To Fair Value

2015-12-08 17:42:52| Industrial Machines - Topix.net

Colfax Corporation common stock has had a rough time lately. The market was quick to reward the 2012 acquisition of Charter International, a definitively transformative move by management , and was forgiving of early consolidation issues.

Tags: recent value corporation fair

 
 

Motion Industries Announces Agreement to Acquire Moss Rubber and Equipment Corporation

2015-12-08 11:31:08| Industrial Newsroom - All News for Today

Birmingham, Ala. - Effective today, Motion Industries, Inc. a wholly owned subsidiary of Genuine Parts Company, has entered into a definitive agreement whereby Motion Industries has agreed to acquire Moss Rubber and Equipment Corporation. Execution of the transaction is expected to take place immediately. Moss...

Tags: agreement equipment corporation motion

 

WeissLaw LLP: The Proposed Acquisition of Breeze-Eastern Corporation...

2015-12-08 02:46:07| Logistics - Topix.net

On , the Company announced it had reached a definitive agreement for TransDigm to acquire all outstanding shares of BZC in a transaction valued at approximately WeissLaw is investigating whether BZC's Board acted to maximize shareholder value prior to entering into the agreement. Notably, the Company's shares traded at above the offer price, a little over two weeks prior to the announcement.

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Harris Corporation Awarded $113M US Navy Radar Upgrade Contract

2015-12-04 04:33:24| rfglobalnet Home Page

Harris Corporation has received a four-year, $113M contract from the U.S. Naval Sea Systems Command (NAVSEA) to upgrade the Navy’s primary long-range, three-dimensional defense radar.

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