Sparton Corporation (SPA) approached by Ultra Electronics Holdings plc

  • June 27, 2017

Sparton Corporation (SPA) today confirmed, in response to press reports and an announcement by Ultra Electronics Holdings plc, that it is in discussions with Ultra regarding the acquisition of Sparton by Ultra. These discussions are an outgrowth of Sparton’s previously announced sale process.

Update(s):

July 07, 2017: Sparton Corporation (SPA) announced today that it had entered into a merger agreement with Ultra Electronics Holdings plc, pursuant to which Ultra will acquire Sparton for $23.50 per share in cash.