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Mergers & Acquisitions | Other Corporation | USA

ITT Corp. Acquires EDO in $1.7B Deal

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ITT Corporation of White Plains, NY and has reached a definitive agreement for ITT to purchase all outstanding shares of NYC-based EDO Corp. for $56 per share in cash. Including approximately $120 million of net debt and the anticipated conversion of convertible notes, this transaction values EDO at $1.7 billion. The transaction is subject to […]

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