corporate buzz

Boeing’s Billion Dollar Buy

Dallas Business Journal: Aviall being sold to Boeing for $1.7B cash. Aviall Inc., an aviation parts and services company based in Dallas, says it is being acquired by Boeing in a $1.7 billion cash deal. Chicago-based Boeing (NYSE: BA), the world’s largest aerospace company and the largest manufacturer of commercial jetliners and military aircraft, will pay Aviall stockholders $48 a share, plus the assumption of about $350 billion in debt. The share price is 27.3 percent higher than Aviall’s closing price of $37.70 on Friday.

I’ve posted the Merger Agreement between Boeing and Aviall. You can also find Aviall contracts and Boeing contracts on the web site.