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BRIEF-VSE Corporation Announces Acquisition Of Kellstrom Aerospace
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BRIEF-VSE Corporation Announces Acquisition Of Kellstrom Aerospace
Oct 17, 2024 1:00 PM

Oct 15 (Reuters) - VSE Corp ( VSEC ):

* VSE CORPORATION ANNOUNCES ACQUISITION OF KELLSTROM

AEROSPACE

* VSE CORP ( VSEC ) - DEAL VALUED AT $200 MILLION, INCLUDING $185

MILLION

IN CASH

* VSE CORP ( VSEC ) - EXPECTED SYNERGIES OF APPROXIMATELY $4 MILLION

* VSE CORP ( VSEC ) - ACQUISITION TO BE FUNDED BY EQUITY FINANCING

AND

BORROWINGS

* VSE CORP ( VSEC ) - PRELIMINARY Q3 2024 REVENUE OF $268-$275

MILLION

* VSE CORP ( VSEC ) - EXPECTS AVIATION SEGMENT REVENUE GROWTH ABOVE

EXPECTATIONS

Source text for Eikon:

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