Honeywell To Buy EMS Technologies For $491 Million
Madhu UnnikrishnanJune 20, 2011
Honeywell is acquiring EMS Technologies, an Atlanta-based network and satellite communications company, for $491 million, and the deal is expected to close in the third quarter. Honeywell is paying $33 per share in cash, or 13 times EMS Technologies’ earnings before interest, taxes, depreciation and...
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