BRIEF-TrueCar prices 9 mln shares of common stock $16.50/shr
* Pricing of its public offering of 9,000,000 shares of its common stock at a price to public of $16.50 per share Source text for Eikon: Further company coverage:
LMI Aerospace (LMIA.O), which supplies components to the aerospace and defense industries, said it will buy Valent Aerostructures for about $237 million, plus about $9.7 million of certain retained obligations.
LMI Aerospace is expected to generate over $480 million in revenue based on projected 2013 results of the combined entities, the company said in a statement.
The deal is expected to close Dec 31, 2012, LMI Aerospace said.
(Reporting by Mridhula Raghavan in Bangalore; Editing by Joyjeet Das)
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