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Sparton Corp (SPA)

SPA on New York Consolidated

23.17USD
21 Jul 2017
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Fri, Jul 7 2017

BRIEF-Sparton Corpo agrees to be acquired by Ultra Electronics Holdings Plc

* Sparton Corporation agrees to be acquired by Ultra Electronics Holdings Plc

UK's Ultra Electronics to buy U.S. warfare device maker Sparton

British defense contractor Ultra Electronics said it would buy Sparton Corp for $23.50 per share, giving the maker of anti-submarine warfare devices used by the U.S. Navy an enterprise value of about $234.8 million.

UK's Ultra Electronics to buy U.S. warfare device maker Sparton

July 7 British defence contractor Ultra Electronics said it would buy Sparton Corp for $23.50 per share, giving the maker of anti-submarine warfare devices used by the U.S. Navy an enterprise value of about $234.8 million.

BRIEF-Ultra Electronics to BUY Sparton for $23.50 per share

* Entered conditional merger agreement to acquire Sparton for $23.50 per Sparton share in cash

BRIEF-Sparton, on June 30, co, units that are loan parties entered into amendment no.4

* Sparton-On June 30, co, units that are loan parties entered into amendment no. 4 to amended, restated credit, guaranty agreement dated as of Sept 11, 2014

BRIEF-Sparton Corp confirms discussions with Ultra Electronics

* Sparton corporation confirms discussions with ultra electronics holdings plc

BRIEF-Ultra Electronics confirms discussions to buy Sparton Corp

* Confirm in advanced discussions to buy whole of issued share capital of New York Stock Exchange listed Sparton Corporation

BRIEF-Ultra Electronics USSI and Sparton Corporation JV awarded U.S. Navy Sonobuoy contract

* Ultra Electronics USSI and Sparton Corporation joint venture (ERAPSCO) awarded $77.6 million for U.S. Navy Sonobuoy contract

BRIEF-Sparton Corp reports Q3 sales $95.4 million

* Sparton Corporation reports fiscal 2017 third quarter results

BRIEF-Sparton Corpo and Ultra Electronics USSI JV for Sonobuoy Tech Systems awarded $14.8 mln in foreign sales contracts

* Sparton Corporation and Ultra Electronics USSI joint venture for Sonobuoy Tech Systems awarded $14.8m in foreign sales contracts

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