Textron is hoping to close on its planned $1.4 billion acquisition of Beechcraft this month after receiving a key regulatory clearance from the Federal Trade Commission (FTC). The FTC agreed to an early termination of the requisite waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, paving the way for a first-quarter closing, Textron said in a filing with the Securities and Exchange Commission. Textron announced its Beechcraft acquisition plans on Dec. 26 with the ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "Textron Nearing Completion Of Beechcraft Buy".
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.