Beechcraft reportedly has instructed Credit Suisse to approach prospective buyers, including Cessna Aircraft, just months after the manufacturer emerged from an extensive Chapter 11 reorganization. Beechcraft is not commenting on the Bloomberg report, but CEO Bill Boisture last summer noted to Aviation Week that three of the company’s major shareholders are those that specialized in distressed properties. In those cases, he said, the question comes up on whether they’re long-term owners. ...
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