General Dynamics, the parent firm of Gulfstream Aerospace, signed a definitive agreement to acquire all of the nearly six million shares of Advanced Technical Products (ATP) for a purchase price of $33.50 million per share, or about $197 million. In addition GD would assume $26.2 million of ATP's net debt and retire approximately $16.2 million in ATP stock options, bringing the transaction's value to approximately $250 million. The acquisition would be immediately accretive to GD's ...
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