Latest Edac Technologies Corp. (EDAC) Headlines
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Posted On: 03/13/2014 7:54:56 AM
Latest Edac Technologies Corp. (EDAC) Headlines
Aircraft Engine and Engine Parts Manufacturing Industry in the U.S. Q4 2013: Profiles Players such as HEICO Corporation and SIFCO Industries, Inc.
M2 - Mon Jan 13, 9:22AM CST
Research and Markets (http://www.researchandmarkets.com/research/kwwbnk/aircraft_engine) has announced the addition of Supplier Relations US, LLC's new report "Aircraft Engine and Engine Parts Manufacturing Industry in the U.S. and its International Trade [2013 Q4 Edition]" to their offering. This latest Aircraft Engine and Engine Parts Manufacturing Industry report provides the most updated market research on the industry. Its scope contains analysis on the industry's key financial data, competitive landscape, shipment and inventory data, upstream and downstream industries, and trade data. This 2013 year-end report's 172 pages and over 150 charts and tables cover the domestic market, global market and overseas growth opportunities. Find the latest data on shipments, inventory, international trade, and essential industry price indices available through September 2013. Relying on over a decade of historic data and sophisticated forecasting, the report projects industry trends through 2017. The report's broad scope includes topics from foreign trade to industry structure, while also diving into the details such as market sizes of products and players. Industry experts consistently subscribe to this quarterly-updated market research report. The industry's revenue for the year 2012 was reported at $32.0 billion USD, with an estimated gross profit of 30.83%. Import was valued at $16.5 billion USD from 106 countries. The industry also exported $2.2 billion USD worth of merchandise to 113 countries. Adding import value to and subtracting export value from the industry's shipment value, the total domestic demand for the industry in 2012 was $46.3 billion USD. Companies Mentioned: - AAR Corp. - Curtiss-Wright Corporation - Eaton Corporation - EDAC Technologies Corporation - First Aviation Services, Inc. - FLIR Systems, Inc. - General Electric Company - HEICO Corporation - Honeywell International Inc. - Innovative Solutions & Support, Inc. - Kreisler Manufacturing Corporation - Precision Castparts Corp. - Raytheon Company - Rolls-Royce - Sequa Corporation - SIFCO Industries, Inc. - TAT Technologies Ltd. - Teledyne Technologies Incorporated - Textron Inc. - Triumph Group, Inc. - United Technologies Corp. - United Technologies Corporation - Woodward Governor Company For more information visit http://www.researchandmarkets.com/research/kw...aft_engine Source: Supplier Relations US, LLC About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Aircraft Engine and Engine Parts Manufacturing Industry's Revenue for 2012 was Reported at $32.0 Billion USD says Recent Report
M2 - Tue Aug 27, 11:40AM CDT
Research and Markets (http://www.researchandmarkets.com/research/hs75pt/aircraft_engine) has announced the addition of Supplier Relations US, LLC's new report "Aircraft Engine and Engine Parts Manufacturing Industry in the U.S. and its International Trade [2013 Q3 Edition]" to their offering. The Aircraft Engine and Engine Parts Manufacturing Industry report contains the most recent data and analysis on the industry's key financial data, cost and pricing, competitive landscape, industry structure. Also updated are the latest trade, shipment, and inventory data available through June 2013. This update provides the data necessary to make informed forecasts and business planning after the recent seasonal changes in output. This 173-page report includes the most recent information on the domestic market, global market and overseas growth opportunities. This report provides the most current data available, such as shipments, inventory and trade data available through June 2013, and sophisticated forecasts up to 2017 accounting for the affects of the recent economic recession. Industry analysts consider this report the most comprehensive and consistently updated guide to the industry. The industry's revenue for the year 2012 was reported at $32.0 billion USD, with an estimated gross profit of 30.83%. Import was valued at $16.5 billion USD from 106 countries. The industry also exported $2.2 billion USD worth of merchandise to 113 countries. Adding import value to and subtracting export value from the industry's shipment value, the total domestic demand for the industry in 2012 was $46.3 billion USD. Companies Mentioned: (partial list subject to change) - AAR Corp. - Curtiss-Wright Corporation - Eaton Corporation - EDAC Technologies Corporation - First Aviation Services - FLIR Systems - General Electric Company - HEICO Corporation - Honeywell International Inc. - Innovative Solutions & Support - Kreisler Manufacturing Corporation - Precision Castparts Corp. - Raytheon Company - Rolls-Royce - Sequa Corporation - SIFCO Industries - TAT Technologies Ltd. - Teledyne Technologies Incorporated - Textron Inc. - Triumph Group - United Technologies Corp. - United Technologies Corporation and Woodward Governor Company For more information visit http://www.researchandmarkets.com/research/hs...aft_engine Source: Supplier Relations US, LLC About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Parkway Aerospace & Defense Acquired by Greenbriar Equity Group Portfolio Company EDAC Technologies Corporation
Business Wire - Mon Jul 15, 3:00PM CDT
Parkway Products announced today that it has completed the sale of its Parkway Aerospace & Defense business to EDAC Technologies Corporation ("EDAC"), a wholly-owned portfolio company of Greenbriar Equity Group LLC ("Greenbriar").
GE Antares Capital Provides $89.5 Million Credit Facility to EDAC Technologies Corporation
Business Wire - Mon May 20, 7:00AM CDT
GE Antares, a unit of GE Capital, announced today it is serving as administrative agent for a $89.5 million senior credit facility to support Greenbriar Equity Group's acquisition of EDAC Technologies Corporation. GE Capital Markets acted as joint lead arranger and sole bookrunner.
Greenbriar acquires EDAC Technologies Corporation at USD17.75 per share
M2 - Wed May 08, 10:53AM CDT
Private equity firm Greenbriar Equity Group LLC said on Tuesday that it has completed the acquisition of EDAC Technologies Corporation (NASDAQ:EDAC).
Greenbriar Completes Acquisition of EDAC Technologies Corporation
Business Wire - Tue May 07, 3:45PM CDT
Greenbriar Equity Group LLC ("Greenbriar") announced today the successful completion of the tender offer by its affiliate, GB Aero Engine Merger Sub, Inc., a wholly owned subsidiary of GB Aero Engine LLC, for all of the outstanding shares of common stock of EDAC Technologies Corporation (NASDAQ: EDAC) ("EDAC") at a purchase price of $17.75 per share. As of the expiration of the offer, 4,079,188 shares of common stock of EDAC were validly tendered and not withdrawn in the tender offer.
Greenbriar Announces Successful Completion of Cash Tender Offer for Shares of EDAC Technologies Corporation
Business Wire - Tue May 07, 7:24AM CDT
Greenbriar Equity Group LLC ("Greenbriar") announced today the successful completion of the tender offer by GB Aero Engine Merger Sub Inc., a wholly owned subsidiary of GB Aero Engine LLC and an affiliate of Greenbriar, for all of the outstanding shares of common stock of EDAC at a purchase price of $17.75 per share. As of the expiration of the offer, 4,079,188 shares of common stock of EDAC were validly tendered and not withdrawn in the tender offer. All of such shares have been accepted for payment in accordance with the terms of the tender offer. The tender offer expired at 5:00 pm, New York City time, on May 6, 2013. As a result of the tender offer, GB Aero Engine Merger Sub Inc. now owns 77% of the outstanding shares of EDAC.
Edac Technologies Shares Up 33.2% Since SmarTrend's Buy Recommendation (EDAC)
Comtex SmarTrend(R) - Fri May 03, 10:58AM CDT
SmarTrend identified an Uptrend for Edac Technologies (NASDAQ:EDAC) on January 7th, 2013 at $13.31. In approximately 4 months, Edac Technologies has returned 33.21% as of today's recent price of $17.73.
Shares of EDAC Up 33.1% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Fri Apr 26, 9:35AM CDT
SmarTrend identified an Uptrend for Edac Technologies (NASDAQ:EDAC) on January 7th, 2013 at $13.31. In approximately 4 months, Edac Technologies has returned 33.13% as of today's recent price of $17.72.
Greenbriar Extends Tender Offer for EDAC Technologies Corporation Until Monday, May 6, 2013
Business Wire - Thu Apr 25, 9:41PM CDT
Greenbriar Equity Group LLC ("Greenbriar") announced today that GB Aero Engine Merger Sub Inc., a wholly owned subsidiary of GB Aero Engine LLC and an affiliate of Greenbriar, has extended the tender offer for all outstanding shares of common stock of EDAC Technologies Corporation ("EDAC") to 5:00 pm, New York City time, on Monday, May 6, 2013, unless further extended.
Greenbriar Offer Extended; EDAC Makes Additional Disclosures To Settle Litigation
PR Newswire - Wed Apr 24, 5:41PM CDT
EDAC Technologies Corporation (NASDAQ: EDAC), announced today the extension of the current pending offer (the "Offer") by GB Aero Engine Merger Sub Inc. ("Purchaser"), a wholly-owned subsidiary of GB Aero Engine LLC ("Parent") and an affiliate of Greenbriar Equity Group, LLC, to acquire all of the outstanding shares of capital stock of EDAC. The extension changes the expiration of the Offer to 5 p.m. on Monday, May 6, 2013. The board of directors of EDAC recommends that shareholders tender their shares to Purchaser in the Offer.
Greenbriar Extends Tender Offer for EDAC Technologies Corporation Until Tuesday, April 30, 2013
Business Wire - Tue Apr 23, 9:00AM CDT
Greenbriar Equity Group LLC ("Greenbriar") announced today that GB Aero Engine Merger Sub Inc., a wholly owned subsidiary of GB Aero Engine LLC and an affiliate of Greenbriar, has extended the tender offer for all outstanding shares of common stock of EDAC Technologies Corporation ("EDAC") to 5:00 pm, New York City time, on Tuesday, April 30, 2013, unless further extended.
MidOcean Partners And PSP Investments Withdraw Acquisition Proposal
PR Newswire - Mon Apr 08, 5:30AM CDT
EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, today announced that on April 7, 2013, MidOcean Associates SPC, an affiliate of MidOcean Partners, and Public Sector Pension Investment Board, or PSP, informed EDAC that they were withdrawing their previously-announced unsolicited proposal to acquire all of the outstanding shares of EDAC common stock at $18.25 per share.
Edac Technologies Up 39.1% Since SmarTrend Uptrend Call (EDAC)
Comtex SmarTrend(R) - Thu Apr 04, 10:58AM CDT
SmarTrend identified an Uptrend for Edac Technologies (NASDAQ:EDAC) on January 7th, 2013 at $13.31. In approximately 3 months, Edac Technologies has returned 39.08% as of today's recent price of $18.51.
EDAC To Enter Into Discussions With MidOcean Partners
PR Newswire - Fri Mar 29, 4:03PM CDT
EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, today announced that on March 28, 2013, MidOcean Partners, through one of its affiliates, publicly announced an unsolicited non-binding proposal to acquire EDAC for $18.25 per share, jointly with a large North American pension plan investment manager. That same day, EDAC's board of directors received a joint letter dated March 27, 2013 from MidOcean Associates SPC and Public Sector Pension Investment Board, or PSP, regarding MidOcean's and PSP's acquisition proposal.
37.9% Return Seen to Date on SmarTrend Edac Technologies Call (EDAC)
Comtex SmarTrend(R) - Thu Mar 28, 9:44AM CDT
SmarTrend identified an Uptrend for Edac Technologies (NASDAQ:EDAC) on January 7th, 2013 at $13.31. In approximately 3 months, Edac Technologies has returned 37.94% as of today's recent price of $18.36.
MidOcean Partners bids $97M for manufacturer EDAC
AP - Thu Mar 28, 7:21AM CDT
NEW YORK (AP) — Private equity firm MidOcean Partners has offered to buy aerospace and industrial manufacturer EDAC Technologies Corp. for about $97 million, topping a bid from another private equity firm, Greenbriar.
MidOcean Partners and a Co-Investor Deliver An Acquisition Proposal to EDAC Technologies
PR Newswire - Thu Mar 28, 6:00AM CDT
MidOcean Partners (through one of its affiliates), a leading private equity firm, today announced that it has made a proposal to the board of directors of EDAC Technologies Corporation (Nasdaq: EDAC) to acquire all of the outstanding shares of EDAC for $18.25 per share in cash.
Greenbriar Commences Tender Offer for All Outstanding Shares of EDAC Technologies Corporation
PR Newswire - Tue Mar 26, 7:00AM CDT
EDAC Technologies Corporation (NASDAQ: EDAC) (the "Company" or "EDAC") and Greenbriar Equity Group LLC ("Greenbriar") today announced that GB Aero Engine Merger Sub Inc. has commenced the previously-announced tender offer for all of the outstanding shares of common stock of the Company at a price of $17.75 per share, net to the seller in cash without interest. GB Aero Engine Merger Sub Inc. and its parent company, GB Aero Engine LLC, are affiliated with Greenbriar.
Aircraft Engine and Engine Parts Manufacturing Industry in the U.S. Q4 2013: Profiles Players such as HEICO Corporation and SIFCO Industries, Inc.
M2 - Mon Jan 13, 9:22AM CST
Research and Markets (http://www.researchandmarkets.com/research/kwwbnk/aircraft_engine) has announced the addition of Supplier Relations US, LLC's new report "Aircraft Engine and Engine Parts Manufacturing Industry in the U.S. and its International Trade [2013 Q4 Edition]" to their offering. This latest Aircraft Engine and Engine Parts Manufacturing Industry report provides the most updated market research on the industry. Its scope contains analysis on the industry's key financial data, competitive landscape, shipment and inventory data, upstream and downstream industries, and trade data. This 2013 year-end report's 172 pages and over 150 charts and tables cover the domestic market, global market and overseas growth opportunities. Find the latest data on shipments, inventory, international trade, and essential industry price indices available through September 2013. Relying on over a decade of historic data and sophisticated forecasting, the report projects industry trends through 2017. The report's broad scope includes topics from foreign trade to industry structure, while also diving into the details such as market sizes of products and players. Industry experts consistently subscribe to this quarterly-updated market research report. The industry's revenue for the year 2012 was reported at $32.0 billion USD, with an estimated gross profit of 30.83%. Import was valued at $16.5 billion USD from 106 countries. The industry also exported $2.2 billion USD worth of merchandise to 113 countries. Adding import value to and subtracting export value from the industry's shipment value, the total domestic demand for the industry in 2012 was $46.3 billion USD. Companies Mentioned: - AAR Corp. - Curtiss-Wright Corporation - Eaton Corporation - EDAC Technologies Corporation - First Aviation Services, Inc. - FLIR Systems, Inc. - General Electric Company - HEICO Corporation - Honeywell International Inc. - Innovative Solutions & Support, Inc. - Kreisler Manufacturing Corporation - Precision Castparts Corp. - Raytheon Company - Rolls-Royce - Sequa Corporation - SIFCO Industries, Inc. - TAT Technologies Ltd. - Teledyne Technologies Incorporated - Textron Inc. - Triumph Group, Inc. - United Technologies Corp. - United Technologies Corporation - Woodward Governor Company For more information visit http://www.researchandmarkets.com/research/kw...aft_engine Source: Supplier Relations US, LLC About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Aircraft Engine and Engine Parts Manufacturing Industry's Revenue for 2012 was Reported at $32.0 Billion USD says Recent Report
M2 - Tue Aug 27, 11:40AM CDT
Research and Markets (http://www.researchandmarkets.com/research/hs75pt/aircraft_engine) has announced the addition of Supplier Relations US, LLC's new report "Aircraft Engine and Engine Parts Manufacturing Industry in the U.S. and its International Trade [2013 Q3 Edition]" to their offering. The Aircraft Engine and Engine Parts Manufacturing Industry report contains the most recent data and analysis on the industry's key financial data, cost and pricing, competitive landscape, industry structure. Also updated are the latest trade, shipment, and inventory data available through June 2013. This update provides the data necessary to make informed forecasts and business planning after the recent seasonal changes in output. This 173-page report includes the most recent information on the domestic market, global market and overseas growth opportunities. This report provides the most current data available, such as shipments, inventory and trade data available through June 2013, and sophisticated forecasts up to 2017 accounting for the affects of the recent economic recession. Industry analysts consider this report the most comprehensive and consistently updated guide to the industry. The industry's revenue for the year 2012 was reported at $32.0 billion USD, with an estimated gross profit of 30.83%. Import was valued at $16.5 billion USD from 106 countries. The industry also exported $2.2 billion USD worth of merchandise to 113 countries. Adding import value to and subtracting export value from the industry's shipment value, the total domestic demand for the industry in 2012 was $46.3 billion USD. Companies Mentioned: (partial list subject to change) - AAR Corp. - Curtiss-Wright Corporation - Eaton Corporation - EDAC Technologies Corporation - First Aviation Services - FLIR Systems - General Electric Company - HEICO Corporation - Honeywell International Inc. - Innovative Solutions & Support - Kreisler Manufacturing Corporation - Precision Castparts Corp. - Raytheon Company - Rolls-Royce - Sequa Corporation - SIFCO Industries - TAT Technologies Ltd. - Teledyne Technologies Incorporated - Textron Inc. - Triumph Group - United Technologies Corp. - United Technologies Corporation and Woodward Governor Company For more information visit http://www.researchandmarkets.com/research/hs...aft_engine Source: Supplier Relations US, LLC About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Parkway Aerospace & Defense Acquired by Greenbriar Equity Group Portfolio Company EDAC Technologies Corporation
Business Wire - Mon Jul 15, 3:00PM CDT
Parkway Products announced today that it has completed the sale of its Parkway Aerospace & Defense business to EDAC Technologies Corporation ("EDAC"), a wholly-owned portfolio company of Greenbriar Equity Group LLC ("Greenbriar").
GE Antares Capital Provides $89.5 Million Credit Facility to EDAC Technologies Corporation
Business Wire - Mon May 20, 7:00AM CDT
GE Antares, a unit of GE Capital, announced today it is serving as administrative agent for a $89.5 million senior credit facility to support Greenbriar Equity Group's acquisition of EDAC Technologies Corporation. GE Capital Markets acted as joint lead arranger and sole bookrunner.
Greenbriar acquires EDAC Technologies Corporation at USD17.75 per share
M2 - Wed May 08, 10:53AM CDT
Private equity firm Greenbriar Equity Group LLC said on Tuesday that it has completed the acquisition of EDAC Technologies Corporation (NASDAQ:EDAC).
Greenbriar Completes Acquisition of EDAC Technologies Corporation
Business Wire - Tue May 07, 3:45PM CDT
Greenbriar Equity Group LLC ("Greenbriar") announced today the successful completion of the tender offer by its affiliate, GB Aero Engine Merger Sub, Inc., a wholly owned subsidiary of GB Aero Engine LLC, for all of the outstanding shares of common stock of EDAC Technologies Corporation (NASDAQ: EDAC) ("EDAC") at a purchase price of $17.75 per share. As of the expiration of the offer, 4,079,188 shares of common stock of EDAC were validly tendered and not withdrawn in the tender offer.
Greenbriar Announces Successful Completion of Cash Tender Offer for Shares of EDAC Technologies Corporation
Business Wire - Tue May 07, 7:24AM CDT
Greenbriar Equity Group LLC ("Greenbriar") announced today the successful completion of the tender offer by GB Aero Engine Merger Sub Inc., a wholly owned subsidiary of GB Aero Engine LLC and an affiliate of Greenbriar, for all of the outstanding shares of common stock of EDAC at a purchase price of $17.75 per share. As of the expiration of the offer, 4,079,188 shares of common stock of EDAC were validly tendered and not withdrawn in the tender offer. All of such shares have been accepted for payment in accordance with the terms of the tender offer. The tender offer expired at 5:00 pm, New York City time, on May 6, 2013. As a result of the tender offer, GB Aero Engine Merger Sub Inc. now owns 77% of the outstanding shares of EDAC.
Edac Technologies Shares Up 33.2% Since SmarTrend's Buy Recommendation (EDAC)
Comtex SmarTrend(R) - Fri May 03, 10:58AM CDT
SmarTrend identified an Uptrend for Edac Technologies (NASDAQ:EDAC) on January 7th, 2013 at $13.31. In approximately 4 months, Edac Technologies has returned 33.21% as of today's recent price of $17.73.
Shares of EDAC Up 33.1% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Fri Apr 26, 9:35AM CDT
SmarTrend identified an Uptrend for Edac Technologies (NASDAQ:EDAC) on January 7th, 2013 at $13.31. In approximately 4 months, Edac Technologies has returned 33.13% as of today's recent price of $17.72.
Greenbriar Extends Tender Offer for EDAC Technologies Corporation Until Monday, May 6, 2013
Business Wire - Thu Apr 25, 9:41PM CDT
Greenbriar Equity Group LLC ("Greenbriar") announced today that GB Aero Engine Merger Sub Inc., a wholly owned subsidiary of GB Aero Engine LLC and an affiliate of Greenbriar, has extended the tender offer for all outstanding shares of common stock of EDAC Technologies Corporation ("EDAC") to 5:00 pm, New York City time, on Monday, May 6, 2013, unless further extended.
Greenbriar Offer Extended; EDAC Makes Additional Disclosures To Settle Litigation
PR Newswire - Wed Apr 24, 5:41PM CDT
EDAC Technologies Corporation (NASDAQ: EDAC), announced today the extension of the current pending offer (the "Offer") by GB Aero Engine Merger Sub Inc. ("Purchaser"), a wholly-owned subsidiary of GB Aero Engine LLC ("Parent") and an affiliate of Greenbriar Equity Group, LLC, to acquire all of the outstanding shares of capital stock of EDAC. The extension changes the expiration of the Offer to 5 p.m. on Monday, May 6, 2013. The board of directors of EDAC recommends that shareholders tender their shares to Purchaser in the Offer.
Greenbriar Extends Tender Offer for EDAC Technologies Corporation Until Tuesday, April 30, 2013
Business Wire - Tue Apr 23, 9:00AM CDT
Greenbriar Equity Group LLC ("Greenbriar") announced today that GB Aero Engine Merger Sub Inc., a wholly owned subsidiary of GB Aero Engine LLC and an affiliate of Greenbriar, has extended the tender offer for all outstanding shares of common stock of EDAC Technologies Corporation ("EDAC") to 5:00 pm, New York City time, on Tuesday, April 30, 2013, unless further extended.
MidOcean Partners And PSP Investments Withdraw Acquisition Proposal
PR Newswire - Mon Apr 08, 5:30AM CDT
EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, today announced that on April 7, 2013, MidOcean Associates SPC, an affiliate of MidOcean Partners, and Public Sector Pension Investment Board, or PSP, informed EDAC that they were withdrawing their previously-announced unsolicited proposal to acquire all of the outstanding shares of EDAC common stock at $18.25 per share.
Edac Technologies Up 39.1% Since SmarTrend Uptrend Call (EDAC)
Comtex SmarTrend(R) - Thu Apr 04, 10:58AM CDT
SmarTrend identified an Uptrend for Edac Technologies (NASDAQ:EDAC) on January 7th, 2013 at $13.31. In approximately 3 months, Edac Technologies has returned 39.08% as of today's recent price of $18.51.
EDAC To Enter Into Discussions With MidOcean Partners
PR Newswire - Fri Mar 29, 4:03PM CDT
EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, today announced that on March 28, 2013, MidOcean Partners, through one of its affiliates, publicly announced an unsolicited non-binding proposal to acquire EDAC for $18.25 per share, jointly with a large North American pension plan investment manager. That same day, EDAC's board of directors received a joint letter dated March 27, 2013 from MidOcean Associates SPC and Public Sector Pension Investment Board, or PSP, regarding MidOcean's and PSP's acquisition proposal.
37.9% Return Seen to Date on SmarTrend Edac Technologies Call (EDAC)
Comtex SmarTrend(R) - Thu Mar 28, 9:44AM CDT
SmarTrend identified an Uptrend for Edac Technologies (NASDAQ:EDAC) on January 7th, 2013 at $13.31. In approximately 3 months, Edac Technologies has returned 37.94% as of today's recent price of $18.36.
MidOcean Partners bids $97M for manufacturer EDAC
AP - Thu Mar 28, 7:21AM CDT
NEW YORK (AP) — Private equity firm MidOcean Partners has offered to buy aerospace and industrial manufacturer EDAC Technologies Corp. for about $97 million, topping a bid from another private equity firm, Greenbriar.
MidOcean Partners and a Co-Investor Deliver An Acquisition Proposal to EDAC Technologies
PR Newswire - Thu Mar 28, 6:00AM CDT
MidOcean Partners (through one of its affiliates), a leading private equity firm, today announced that it has made a proposal to the board of directors of EDAC Technologies Corporation (Nasdaq: EDAC) to acquire all of the outstanding shares of EDAC for $18.25 per share in cash.
Greenbriar Commences Tender Offer for All Outstanding Shares of EDAC Technologies Corporation
PR Newswire - Tue Mar 26, 7:00AM CDT
EDAC Technologies Corporation (NASDAQ: EDAC) (the "Company" or "EDAC") and Greenbriar Equity Group LLC ("Greenbriar") today announced that GB Aero Engine Merger Sub Inc. has commenced the previously-announced tender offer for all of the outstanding shares of common stock of the Company at a price of $17.75 per share, net to the seller in cash without interest. GB Aero Engine Merger Sub Inc. and its parent company, GB Aero Engine LLC, are affiliated with Greenbriar.
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