An aviation consultant who announced a potential bid to buy Duluth, Minn.-based Cirrus Industries has put that attempt on hold to see if the offer from China Aviation Industry General Aircraft Co. Ltd. (CAIGA) comes to fruition. In March, the aircraft manufacturer announced it had received an acquisition offer from CAIGA, with no terms of the deal released (BA, March 7/13). Then Brian Foley of Sparta, N.J.-based Brian Foley Associates wrote a report on how foreign entities were buying up ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Foley Puts Brakes On Cirrus Offer".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.