M&A
confidence high
sentiment positive
materiality 0.75
Air T receives Rex creditor approval for acquisition; court OK expected by year-end 2025
AIR T INC
- Majority of Rex creditors (in number and value) voted in favor of Air T's bid at second meeting on Nov 11, 2025.
- Air T expects court and other approvals by calendar year-end 2025; closing anticipated shortly after.
- Transaction involves Air T's indirect subsidiary acquiring all outstanding capital stock of Rex.
- No deal value disclosed; completion subject to conditions including court approval and other terms.