Astronics to Acquire EADS North America Test and Services Division for Approximately $53M in Cash
January 21, 2014 at 06:56 AM EST
Astronics Corporation (Nasdaq: ATRO ) announced today that it has entered into a definitive agreement to acquire substantially all of the assets and liabilities of EADS North America's Test and Services division (EADS T&S) for approximately $53 million in cash plus a net working capital adjustment. The agreement is