Farmington aeroparts maker Edac Technologies Corp. has completed its acquisition of Kentucky-based Parkway Aerospace & Defense, the companies announced.
Greenbriar Equity Group, the New York suitor bidding $104 million for Farmington aeroparts maker Edac Technologies Inc., has collected more than half its target's outstanding stock and re-extended its tender offer deadline to May 6.
A Westchester County, N.Y., aeroparts maker's cash bid for Farmington's Edac Technologies Corp. has apparently failed to stir much interest among Edac stockholders, so today's midnight offer deadline is being pushed back a week, authorities say.
The Wall Street equity firm vying to acquire Farmington aeroparts maker Edac Technologies Inc. recently bought a sizable stake in a Canadian aeroparts supplier to United Technologies Corp. and others, authorities say.
Farmington aeroparts maker Edac Technologies Inc., already the target of a $104 million tender, has drawn a higher, competing offer from a Wall Street equity firm.
A New York aeroparts maker's $104 million cash bid for Edac Technologies Corp. has begun, signaling the beginning of the end of independence for the Farmington aeroparts and industrial-tool manufacturer.
Farmington aeroparts maker Edac Technologies Corp. has gotten a $104.1 million cash tender offer from a Westchester County, N.Y., aeroparts rival on the eve of Edac's state-subsidized move to Cheshire.
Farmington aeroparts producer Edac Technologies Corp. posted higher fourth-quarter net income on record sales, much of the sale from its newest industrial-services acquisition.
Farmington aeroparts/machine-tool maker Edac Technologies Corp. will debut its new Cheshire home to stockholders when they gather for their annual stockholders meeting May 1.