Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

AeroCentury to acquire Jetfleet

Published 10/31/2017, 12:35 PM
Updated 10/31/2017, 12:35 PM
© Reuters.  AeroCentury to acquire Jetfleet
  • AeroCentury (ACY) announces that it signed an agreement to acquire JetFleet Holding Corp. in a cash and stock deal.
  • JetFleet has managed the company’s operations and aircraft portfolio since AeroCentury’s founding in 1997.
  • The current management agreement between JMC and the company was entered into in 2015 and is due to end in 2025.
  • Under the terms of the deal, JetFleet shareholders will receive $3.5M in cash and 129,286 shares of the stock.
  • The deal is expected to close in Q1 of 2018.
  • Source: Press Release
  • Now read: Inventure Foods swallowed up Utz Quality Foods


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.