Stocks in play: Firan Technology Group
Announced it has entered into an agreement to acquire Holaday Circuits, Inc. Holaday is a manufacturer of high technology circuit boards focused on the aerospace and defense markets. FTG will acquire 100% of Holaday for cash consideration of approximately $24M CAD, subject to typical closing adjustments. There is also an earn out provision of up to $6M CAD based on future performance. Firan Technology Group shares T.FTG are trading up 15 cents at $2.20.
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