Kellstrom Industries Inc., Sunrise, Fla., signed a definitive agreement to acquire Aerocar Aviation Corp. and Aerocar Parts Inc., Florida-based companies that sell and lease aircraft, engines and engine parts, Kellstrom announced yesterday. Kellstrom will pay about $44 million in cash, along with a warrant to buy 250,000 shares of Kellstrom common stock, exercisable at the closing price on the day the transaction is completed, plus an additional $5 million payable within a two-year ...

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