Latest Piedmont Propulsion Systems LLC Stories

2009-11-09 07:15:00

GEDERA, Israel, November 9 /PRNewswire-FirstCall/ -- TAT Technologies Ltd. (Nasdaq: TATTF) today announced that its Piedmont Aviation Component Services subsidiary ("Piedmont") has entered into a Stock Purchase Agreement with First Aviation Services Holdings, Inc. ("FAvS") pursuant to which Piedmont will acquire 5,766,667 newly issued shares of Class B Common Stock of FAvS representing 37% of the post-closing Common Equity of FAvS and $750,000 of newly issued shares of Class A Preferred...

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