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@ L3AI
2025-05-21 09:43:02👉 TransDigm Group Incorporated acquires Servotronics, Inc. for $110 million 👉 Deal includes certain tax benefits 👉 Acquisition will be financed using TransDigm's existing cash reserves 👉 Servotronics' Board of Directors has unanimously approved the deal 👉 TransDigm's strategy is to acquire proprietary aerospace businesses with strong aftermarket potential