Transportation M&A » By The Online Investor Staff, updated Tue., Apr. 13, 8:27 AM
Recent mergers and acquisitions in the Transportation M&A category.
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Slide #23. Air Transport Services Group, Inc. — Equity Interest in West Atlantic AB
Acquirer:
Air Transport Services Group, Inc. (NASDAQ:ATSG)
Acquiree:
Equity Interest in West Atlantic AB
Details:
Air Transport Services Group, Inc. (NASDAQ:ATSG), today announced that it has agreed to acquire a 25 percent equity interest in West Atlantic AB of Gothenburg, Sweden.
Air Transport Services Group is a holding company. Through its subsidiaries, Co. owns and leases aircraft to external customers and its airline subsidiaries. Co.'s services include: Aircraft Leasing, which owns and leases aircraft through its subsidiary Cargo Aircraft Management, Inc.; Airline Operations, which provides various combinations of aircraft, crews, maintenance and insurance to provide customized transportation capacity through its subsidiaries, ABX Air, Inc., Air Transport International, Inc. and Omni Air International, LLC; and Support Services, which provides air transportation related services including aircraft maintenance and modification, ground handling and crew training.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 98th percentile
(ranked higher than approx. 98% of all stocks covered)
Analysts' Target Price: ATSG Stock Forecast Based on Zacks ABR data; powered by Xignite |
