After ST Aerospace withdrew its offer to buy Pemco World Air Services, the bankrupt MRO appears to have quickly found another buyer. Pemco’s top executives envision neither major management, nor precipitous programmatic, changes in the wake of an agreement in which Avion Services Holdings will purchase the Tampa-based MRO. Pemco is working to emerge from bankruptcy protection. Avion, an affiliate of Sun Capital Partners, has provided debtor-in-possession (DIP) financing since Pemco ...
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