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PCP agrees to purchase old Textron fastener operation

Joseph C. Anselmo January 09, 2007
Aerospace metals supplier Precision Castparts Corp. has agreed to pay a private equity firm $300 million to acquire the aerospace operations of the Fastening Systems business sold off by Textron last summer. Platinum Equity paid $610 million last August to acquire all of Textron's Fastening Systems...

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