GD Buys Off Force Protection
General Dynamics Corp. (NYSE:GD) announced that it has successfully completed the tender offer to purchase all of the outstanding shares of common stock of Force Protection Inc. (NASDAQ:FRPT) for a price of $5.52 per share in cash, or approximately $360 million. The transaction is expected to be accretive to General Dynamics’ earnings in 2012. General [...]
General Dynamics Corp. (NYSE:GD) announced that it has successfully completed the tender offer to purchase all of the outstanding shares of common stock of Force Protection Inc. (NASDAQ:FRPT) for a price of $5.52 per share in cash, or approximately $360 million. The transaction is expected to be accretive to General Dynamics’ earnings in 2012.
General Dynamics, earlier in November 2011, announced that it has entered into a definitive agreement with Force Protection to acquire the latter. Per the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards