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BRIEF-Transdigm to acquire Data Device Corporation
May 24, 2016 / 12:16 PM / a year ago

BRIEF-Transdigm to acquire Data Device Corporation

May 24 (Reuters) - Transdigm Group Inc :

* Expects to finance acquisition through a combination of cash on hand, existing availability under our revolving credit facility and new debt

* DDC revenues are anticipated to be over $200 million for fiscal year ending December 2016

* Total purchase price of $1.0 billion in cash

* Transdigm to acquire data device corporation Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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