Loar Holdings Signs Definitive Agreement To Acquire Applied Avionics For $385M In Cash
Portfolio Pulse from Benzinga Newsdesk
Loar Holdings has signed a definitive agreement to acquire Applied Avionics for $385 million in cash.
July 19, 2024 | 12:32 pm
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Loar Holdings has signed a definitive agreement to acquire Applied Avionics for $385 million in cash. This acquisition could enhance Loar's market position and product offerings in the aviation sector.
The acquisition of Applied Avionics for $385 million in cash is a significant move for Loar Holdings. This deal is likely to enhance Loar's market position and expand its product offerings in the aviation sector, which could positively impact its stock price in the short term.
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