GenCorp received a $770-million

GenCorp received a $770-million ($17-a-share) takeover offer from New York investment fund Steel Partners II, one of its major shareholders. Steel Partners blasted "misguided business decisions" by the California-based aerospace propulsion supplier and said a decision earlier this month to publicly...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.