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Stock Market & Financial Investment News

News Breaks
December 12, 2013
10:18 EDTSPASparton acquires Beckwood Services in all-cash transaction
Sparton announces that its wholly owned subsidiary, Sparton Beckwood, has entered into a definitive purchase agreement to acquire Beckwood Services, an $18M revenue business, in an all-cash transaction. Beckwood Services is engaged in the contract services business of manufacturing electronic or electro-mechanical controls and electronic assemblies. The transaction was funded through Spartonís existing cash balances and borrowings under the credit facility currently in place with BMO Harris Bank.
News For SPA From The Last 14 Days
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April 23, 2014
13:45 EDTSPASparton may advance if Navy contract secured, Barron's reports
Despite rising over 100% over the past twelve months, Sparton has more upside potential if a major contract with the U.S. Navy is secured, Barron's reports. Reference Link
April 16, 2014
09:56 EDTSPASparton initiated with a Market Perform at Barrington

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