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Last updated on April 20, 2014 at 19:30 EDT

Latest EDAC Technologies Corporation Stories

2013-04-24 20:20:34

CHESHIRE, Conn., April 24, 2013 /PRNewswire/ -- EDAC Technologies Corporation (NASDAQ: EDAC), announced today the extension of the current pending offer (the "Offer") by GB Aero Engine Merger Sub Inc. ("Purchaser"), a wholly-owned subsidiary of GB Aero Engine LLC ("Parent") and an affiliate of Greenbriar Equity Group, LLC, to acquire all of the outstanding shares of capital stock of EDAC. The extension changes the expiration of the Offer to 5 p.m. on Monday, May 6, 2013. The board of...

2013-04-08 08:20:09

Board Continues To Recommend Greenbriar's Offer At $17.75 CHESHIRE, Conn., April 8, 2013 /PRNewswire/ -- EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, today announced that on April 7, 2013, MidOcean Associates SPC, an affiliate of MidOcean Partners, and Public Sector Pension Investment Board, or PSP, informed EDAC that they were withdrawing their previously-announced...

2013-03-29 16:20:08

Board Continues To Recommend Greenbriar's Tender Offer At $17.75 FARMINGTON, Conn., March 29, 2013 /PRNewswire/ -- EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, today announced that on March 28, 2013, MidOcean Partners, through one of its affiliates, publicly announced an unsolicited non-binding proposal to acquire EDAC for $18.25 per share, jointly with a large North...

2013-03-26 08:21:05

- Previously-Announced Offer Price of $17.75 Per Share in Cash - FARMINGTON, Conn., March 26, 2013 /PRNewswire/ -- EDAC Technologies Corporation (NASDAQ: EDAC) (the "Company" or "EDAC") and Greenbriar Equity Group LLC ("Greenbriar") today announced that GB Aero Engine Merger Sub Inc. has commenced the previously-announced tender offer for all of the outstanding shares of common stock of the Company at a price of $17.75 per share, net to the seller in cash without interest. GB Aero...

2013-03-18 08:20:16

Shareholders to Receive $17.75 Per Share in Cash; Greenbriar to Commence All-Cash Tender Offer FARMINGTON, Conn., March 18, 2013 /PRNewswire/ -- EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, today announced it has entered into a definitive agreement to be acquired by GB Aero Engine LLC, an affiliate of Greenbriar Equity Group LLC, for $17.75 per share in cash, pursuant...

2013-03-07 08:20:46

- Sales Reach Record $28.4 Million, including $2.9 Million of EBTEC Sales FARMINGTON, Conn., March 7, 2013 /PRNewswire/ -- EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, reported today that sales for the fourth quarter of fiscal 2012 were a record $28.4 million, an increase of 25% from the fourth quarter of fiscal 2011. The 2012 fourth quarter included sales of...

2013-03-01 16:21:49

FARMINGTON, Conn., March 1, 2013 /PRNewswire/ -- EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, has scheduled its annual meeting of shareholders for May 1, 2013, at 9:30 a.m. Eastern Time and its record date for voting at the annual meeting as March 1, 2013. The annual meeting will be held at the offices of the Company at 500 Knotter Drive, Cheshire, CT 06410. The Company...

2013-02-06 08:20:51

FARMINGTON, Conn., Feb. 6, 2013 /PRNewswire/ -- EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, announced today that it will report financial results for the fourth quarter of 2012 on Thursday, March 7, 2013. In conjunction with the earnings release, the Company will host a conference call at 10:00 a.m. (Eastern Time) on March 7(th). The call will be broadcast simultaneously...

2013-01-04 08:20:34

FARMINGTON, Conn., Jan. 4, 2013 /PRNewswire/ -- EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, announced today that Dominick Pagano, President and Chief Executive Officer, and Glenn Purple, Vice President-Finance and Chief Financial Officer, will participate in the Sidoti & Company Annual Micro Cap Conference in New York on Monday, January 7(th). The Company will post the...

2012-10-12 07:20:14

FARMINGTON, Conn., Oct. 12, 2012 /PRNewswire/ -- EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, announced today that it will report financial results for the third quarter of 2012 on Thursday, November 1, 2012. In conjunction with the earnings release, the Company will host a conference call at 10:00 a.m. (Eastern Time) on November 1(st). The call will be broadcast...