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Stock impact report

Arcline Completes Acquisition of Kaman [Yahoo! Finance]

Kaman Corporation (KAMN) 
Last kaman corporation earnings: 2/24 04:30 pm Check Earnings Report
US:NYSE Investor Relations: kaman.com/investors
Company Research Source: Yahoo! Finance
by Arcline Investment Management, L.P. ("Arcline") in an all-cash transaction with a total enterprise value of approximately $1.8 billion. The transaction was previously announced on January 19, 2024, and was approved by Kaman shareholders on April 17, 2024. With the completion of the transaction, Kaman shareholders will receive $46.00 per share in cash. Kaman's common stock has ceased trading and will be delisted from the New York Stock Exchange. "We are thrilled to announce the completion of this value-maximizing transaction with Arcline and are proud to have delivered an outcome that is in the best interest of our shareholders, employees and customers," said Ian K. Walsh, Kaman Chairman, President and Chief Executive Officer. "As we enter our next phase as a private company, we are confident that we will benefit from additional resources and expertise that will enable us to build upon our strong foundation and take full advantage of the hard work we have done these past several Show less Read more
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