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 ...
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