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Stock Market & Financial Investment News

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July 10, 2014
08:17 EDTSPASparton unit acquires Electronic Manufacturing Technology
Sparton announces that its wholly owned subsidiary, Sparton eMT, has acquired Electronic Manufacturing Technology, a $25M revenue business located in Irvine, California, in an all-cash transaction. The company said, "We are pleased to have eMT join the Sparton family and expect it to be accretive to earnings within the first twelve months.” The transaction was funded through Sparton’s borrowings under the credit facility currently in place with BMO Harris Bank.
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July 10, 2014
08:17 EDTSPASparton unit acquires Electronic Manufacturing Technology
Sparton announces that its wholly owned subsidiary, Sparton eMT, has acquired Electronic Manufacturing Technology, a $25M revenue business located in Irvine, California, in an all-cash transaction. The company said, "We are pleased to have eMT join the Sparton family and expect it to be accretive to earnings within the first twelve months.” The transaction was funded through Sparton’s borrowings under the credit facility currently in place with BMO Harris Bank.
06:48 EDTSPACJS Securities to hold a conference
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