Wednesday, February 16, 2011

L-1 completes sell-off of business units

Purchase price $303 million (UPI.com)
The purchase price for SpecTal LLC, Advanced Concepts Inc. and McClendon to BAE was $295.8 million in cash and $7.2 million of certain assumed obligations for a total value of $303 million.
This is the other side of the Safran sale.