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Tuesday, July 5, 2011

Eurocopter Finalizes Vector Acquisition

Closing an agreement announced in March, EADS subsidiary Eurocopter Holding has acquired 98.32 percent of Vector Aerospace Corp. for $13 per share. Plans call for Vector to retain its company name and brand as a subsidiary of Eurocopter, which intends to purchase the remaining shares as part of a subsequent compulsory acquisition.
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