Esterline Technologies (ESL) Acquires 689K Common Shares from Relational Investors
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Esterline Corporation Announces $64 Million Common Share Repurchase From Relational
July 7, 2015 5:15 PM EDTBELLEVUE, WA -- (Marketwired) -- 07/07/15 -- Esterline Corporation (NYSE: ESL) (www.esterline.com), a leading specialty manufacturer serving global aerospace/defense markets, today announced that it has acquired 688,885 of its common shares from Relational Investors LLC and certain affiliates (Relational) at $92.65 per share, for a total purchase price of approximately $64 million.
The per-share purchase price represents a 2.5% discount from the volume weighted average of the closing prices of a share of Esterline common stock on the New York Stock Exchange on the... More
