m_and_a
confidence high
sentiment neutral
materiality 0.90
TransDigm completes acquisition of Servotronics for $47/share; stock to be delisted
SERVOTRONICS INC /DE/
- TransDigm completes acquisition of Servotronics for $47.00 per share cash; 87.09% of shares validly tendered.
- Merger effective July 1, 2025; Servotronics becomes wholly owned subsidiary of TransDigm.
- Servotronics to request delisting from NYSE American and file Form 15 to deregister shares.
- Board and officers replaced; Brent Baird and other directors resign; new directors from TransDigm.
- Credit facility with Rosenthal & Rosenthal terminated; equity incentive plan terminated.
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