TransDigm Group Inc. completed the cash tender offer for outstanding shares of Aerosonic Corp.’s common stock for $7.75 per share as planned.
The offer expired on June 4 with 3.55 million shares tendered, representing nearly 88 percent of the outstanding shares, according to a written statement.
TransDigm (NYSE: TDG) intends to exercise an option granted by Clearwater-based Aerosonic (NYSE MKT: AIM) and will acquire, through an indirect wholly owned subsidiary, some additional shares that will…
TransDigm Group Inc. completed the cash tender offer for outstanding shares of Aerosonic Corp.’s common stock for $7.75 per share as planned.
The offer expired on June 4 with 3.55 million shares tendered, representing nearly 88 percent of the outstanding shares, according to a written statement.
TransDigm (NYSE: TDG) intends to exercise an option granted by Clearwater-based Aerosonic (NYSE MKT: AIM) and will acquire, through an indirect wholly owned subsidiary, some additional shares that will…