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News Breaks | | | | August 8, 2012 | | 07:52 EDT |  | TATT | TAT Technologies announces potential write down, impairment of certain assets
Initial indications of preliminary valuations received by the company with respect to its subsidiary - Bental Industries, and to its 30% owned First Aviation Services, suggest that a material write down and/or impairment might be required with respect to the fair value of these companies, the total of which may range approximately between $4M-$4.5M. | |
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