Bridger Aerospace Acquires FMS Aerospace For $17.51M Equity And Upto $3.09M In Earnout
Portfolio Pulse from Benzinga Newsdesk
Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER) has acquired FMS Aerospace for $17.51 million in equity and up to $3.09 million in earnout. The deal is expected to be accretive to Bridger's earnings, but the company is not updating its guidance at this time.
July 01, 2024 | 11:13 am
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Bridger Aerospace has acquired FMS Aerospace for $17.51 million in equity and up to $3.09 million in earnout. The deal is expected to be accretive to Bridger's earnings, but the company is not updating its guidance at this time.
The acquisition of FMS Aerospace is expected to be accretive to Bridger's earnings, which is a positive indicator for the stock. However, the company has not updated its guidance, which may temper investor enthusiasm in the short term.
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