Fairchild would raise interest in Banner Aerospace to 81%
An offer by Fairchild Corp., Dulles, Va., to exchange shares of its common stock for up to 4 million shares of common stock of Banner Aerospace Inc. not owned by Fairchild became effective May 8, Fairchild said. Fairchild, which currently owns about 67% of Banner, would own about 81% if all shares...
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