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According to Reuters, Esterline Technologies (ESL) seeking strategic alternatives

  • July 22, 2018


StockEsterline Technologies CorporationSymbolESL
Date Announced07/20/2018Source Reuters
TypeNews Report
Date of Confirmation: 10/10/2018Price at Confirmation: $115.41
Potential Profit: 39.05%Annualized Profit: 173.81%

Aerospace parts maker Esterline Technologies Corp (ESL) is exploring a potential sale.


October 10, 2018: TransDigm Group Incorporated (TDG) and Esterline Technologies Corporation (ESL) announced today that they have entered into a definitive agreement under which TransDigm (TDG) will purchase all of the outstanding shares of common stock of Esterline (ESL) for $122.50 per share in cash.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.