HI-SHEAR SELLING MOST OF ITS OPERATIONS TO FRENCH COMPANY
Hi-Shear Industries signed a definitive agreement this month to sell substantially all of its operating assets to a French firm, GFI Industries, S.A. The proposed sale, for $46 million in cash, would include Hi-Shear's aerospace fastener subsidiary, Hi-Shear Corp., and related companies. Hi- Shear...
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