Textron Confirms Beech Acquisition
Textron, the parent company of Cessna and Bell Helicopter, has confirmed it willpurchase Beechcraft Corp. for approximately $1.4 billion in cash, in a press release issued late on Thursday. “The acquisition of Beechcraft is a tremendous opportunity to extend our general aviation business,” said Textron CEO Scott Donnelly. “From our customers’ perspective, this creates a […]