In the partners with the private equity firms, the purchase of the aerospace and industrial products manufacturers EDAC Technologies company about 9.7 billion yuan, the first-class bid from another private equity firm, Greenbriar.
Mid-ocean said on Thursday that its bid with partners, the pension plans of North America's investment manager, it has no name.
The, the unidentified partners with every EDAC to $18.25 a share. Last week, after send group co., LTD Greenbriar agreed to to buy shares at $17.75 a share. Greenbriar group said on Tuesday that its bid has begun.
Executives and board members combined with about 18% of farmington, Connecticut, and the stock of the company has agreed to sell its stake Greenbriar.
EDAC stock closed at $17.72 a share on Wednesday, up 7.8% Greenbriar group announced before the last trading day of the bid.
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