New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 21, 2012
08:08 EDTAIRMAir Methods acquires Sundance Helicopters for $44M
Air Methods announced that it has entered into a definitive stock purchase agreement to acquire all of the outstanding shares of capital stock of Sundance Helicopters. Air Methods will acquire Sundance for an aggregate purchase price of $44M in cash on a debt-free basis, subject to working capital and other adjustments as provided in the stock purchase agreement. Air Methods believes this acquisition will be accretive to earnings per share. Upon closing, Sundance will become a wholly owned subsidiary of Air Methods. The transaction is contingent upon certain closing conditions described in the stock purchase agreement and the aircraft sale and purchase agreement, and the transaction is expected to close December 31.
News For AIRM From The Last 14 Days
Check below for free stories on AIRM the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for AIRM

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use