Textron Closes On Beech Buy, Elevates Ernest, Boisture Out

Textron Friday closed on its acquisition of Beechcraft Corp. parent Beech Holdings, and said that with the deal complete it will combine Cessna, Beech and Hawker operations in a new segment—Textron Aviation—led by Cessna CEO Scott Ernest. Beech CEO Bill Boisture will not continue on in the new...

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