Due to press speculation over the weekend, Ultra has issued a statement that indicates advanced discussions with respect to the possible purchase of the NYSE-listed Sparton Corporation. Given the nature of the established relationship with Sparton, together with Ultra management’s track record, we would expect the terms of any deal to limit execution risk.
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Potential purchase of Sparton Corporation
- Published:
26 Jun 2017 -
Author:
Andy Chambers -
Pages:
2
Due to press speculation over the weekend, Ultra has issued a statement that indicates advanced discussions with respect to the possible purchase of the NYSE-listed Sparton Corporation. Given the nature of the established relationship with Sparton, together with Ultra management’s track record, we would expect the terms of any deal to limit execution risk.