Aerospace & Defense M&A » By The Online Investor Staff, updated Sun., May. 12, 7:23 AM
Recent mergers and acquisitions in the Aerospace & Defense M&A category.
Slide #27. Astronics Corporation — PGA Electronic
Acquirer: |
Astronics Corporation (NASDAQ:ATRO) |
Acquiree: |
PGA Electronic |
Details: |
Astronics Corporation (Nasdaq:ATRO), a leading provider of advanced technologies for the global aerospace and defense industries, announced today that it has entered into a definitive agreement to acquire PGA Electronic ("PGA") for approximately $28.5 million. The purchase price will be paid 60% in cash and 40% in Astronics stock. The deal is expected to close before year end, subject to customary closing conditions. |
Astronics is a provider of technologies to the global aerospace, defense and other mission-critical industries. Co.'s products and services include electrical power generation, distribution and seat motion systems, lighting and safety systems, avionics products, systems and certification, aircraft structures and automated test systems. Co.'s segments: aerospace, which designs and manufactures products for the global aerospace and defense industry; and test systems, which designs, develops, manufactures and maintains automated test systems that support the aerospace and defense, communications and mass transit industries.
ATRO SEC Filing Email Alerts Service
Open the ATRO Page at The Online Investor »
Company Name: |
Astronics Corp |
Stock buyback: |
ATRO buyback |
Website: |
www.astronics.com |
Sector: |
Aerospace & Defense |
Number of ETFs Holding ATRO: |
19 |
Total Market Value Held by ETFs: |
$55.74M |
Total Market Capitalization: |
$523.00M |
% of Market Cap. Held by ETFs: |
10.66% |
|
Open the ATRO Page at The Online Investor (in a new window) »
|
May 12, 2024 7:23 AM Eastern
Hold (2.00 out of 4)
0th percentile
|
|