Servotronics executes amendment to agreement and plan of merger with TransDigm
Written by Emily J. Thompson, Senior Investment Analyst
Merger Agreement Update: Servotronics and TransDigm have amended their merger agreement, increasing the tender offer price to $47.00 per share for all outstanding shares of Servotronics.
Third-Party Proposal Evaluation: Servotronics received an unsolicited acquisition proposal from a third party, but its board determined that it does not qualify as a superior proposal under the amended merger agreement.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
