Aar Corp: Material agreement
AAR CORP agreed to acquire a 65% controlling interest in MRO Holdings for an estimated cash price of $1,819,174,310 plus preferred stock valued at $780,825,690.
Positive for the companyWhat happened
- AAR CORP entered into a Share Purchase Agreement to acquire 65% of the shares of MRO Holdings, Inc. from MROH Intermediate Holdco LLC.
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