New York, German Investors Become New Owners Of Fairchild Aerospace Corp.
Fairchild Aerospace Corp. has been acquired by New York investment company Clayton, Dubilier&Rice Inc. (CD&R) and Allianz Capital Partners in a deal worth $400 million. The two investors now own "more than 90% of Fairchild," according to CD&R's chairman, Joseph Rice. Carl Albert, until now 56% owner...
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