Exclusive: Wesco Aircraft explores options that include sale - sources [Reuters]
WESCO AIRCRAFT HOLDINGS (WAIR)
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Source: Reuters
Exclusive: Wesco Aircraft explores options that include sale - sources - Reuters 1 Min Read (Reuters) - Wesco Aircraft Holdings Inc, a U.S. distributor of parts to the aviation and defense industries, is exploring options that include a sale of the company, people familiar with the matter said. Wesco is making progress with its initiatives to improve its inventory management and trim its debt pile. Earlier this month, its shares rallied after it reported earnings that showed that some of its operational improvements were paying off. Wesco has hired investment banks to explore acquisition interest in the company, the sources said, cautioning that the deliberations are preliminary and no deal is certain. The sources asked not to be identified because the matter is confidential. Wesco did not immediately respond to a request for comment. Reporting by Greg Roumeliotis and Harry Brumpton in New York; editing by Grant McCool All quotes delayed a minimum of 15 minutes. See here for a compl
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