SPARTON CORPORATION (NYSE:SPA) Files An 8-K Other EventsItem 9.01. Other Events.
On July7, 2017, Sparton Corporation (“Sparton”) issued a press release announcing that it had entered into a merger agreement with Ultra Electronics Holdings plc (“Ultra”), to which Ultra will acquire Sparton for $23.50 per share in cash.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No. |
Description |
| 99.1 | Press Release, dated July7, 2017. |
SPARTON CORP ExhibitEX-99.1 2 d285060dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Sparton Corporation Agrees to be Acquired by Ultra Electronics Holdings plc SCHAUMBURG,…To view the full exhibit click here
About SPARTON CORPORATION (NYSE:SPA)
Sparton Corporation is a provider of design, development and manufacturing services for electromechanical devices, as well as engineered products complementary to the same electromechanical value stream. The Company operates through two segments: Manufacturing & Design Services (MDS) and Engineered Components & Products (ECP). The Company serves the medical and biotechnology, military and aerospace, and industrial and commercial markets. Its products and services include offerings for original equipment manufacturers (OEM) and emerging technology (ET) customers, which utilize microprocessor-based systems, such as transducers, printed circuit boards and assemblies, and sensors, as well as development and design engineering services. It develops and manufactures sonobuoys, which are anti-submarine warfare (ASW) devices. The Company also manufactures rugged flat panel display systems for military panel personal computer workstations, air traffic control and industrial applications.