KLAMPEIER SEEKS TO SEPARATELY FUND CIRRUS VISION PROGRAM

Cirrus Design Chairman and co-founder Alan Klapmeier is seeking $120 million in new equity to “reaccelerate” his Vision SJ50 single-engine light jet program. Armed with a mockup of the jet, a Cirrus team headed by Klapmeier completed a five-week tour of capital investors in June, trying to generate...

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