Company Overview and News
Ultra Electronics’ planned acquisition of Sparton Corporation has been approved by the Committee on Foreign Investment in the United States, concluding that there are no unresolved national security concerns with regards to the transaction.
Sparton Corp. (NYSE:SPA) has 81 institutional investors and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 6,474,994 shares. Largest shareholders include Dimensional Fund Advisors Lp, BlackRock Inc., Vanguard Group Inc, GAM Holding AG, and Gardner Lewis Asset Management L P. (32-0)
This abridged “Daily Scoop” is published by Avisol Capital Partners, which runs the physician-managed Total Pharma Tracker healthcare investment research service on Seeking Alpha Marketplace. (692-4)
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Sparton Corporation (NYSE:SPA) announced that at a special meeting of Sparton shareholders held earlier today, the shareholders approved the adoption of the previously announced Agreement and Plan of Merger dated as of July 7, 2017 by and among Sparton, Ultra Electronics Holdings plc and Ultra Electronics Aneira Inc. The transaction remains subject to certain other customary closing conditions and the parties continue to work towards completion of the transaction.
NEWPORT, R.I., Sept. 26, 2017 /PRNewswire/ -- Hydroid, Inc. teamed with L3 Aerospace Systems, Sparton Corporation and AeroVironment, Inc. to successfully demonstrate the latest unmanned underwater vehicle (UUV) capabilities, including the launch of an unmanned aerial vehicle (UAV), at ANTX in Newport, RI last month.
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. PLEASE SEE THE IMPORTANT NOTICE WITHIN THIS ANNOUNCEMENT.
NEW YORK, NY / ACCESSWIRE / August 8, 2017 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating Sparton Corporation ("Sparton " or the "Company") (NYSE: SPA) relating to the sale of the Company to affiliates of Ultra Electronics Holdings plc. As a result of the merger, Sparton shareholders are only anticipated to receive $23.
"As previously indicated, 2017 will be more heavily weighted to the second half than normal and this is reflected in these interim results. Market conditions remain largely unchanged since our preliminary announcement in March. The US Federal budget was not approved until May and this, together with the recent UK General Election, has affected the progress of some contract awards. Nevertheless, following the strong order intake in the final part of the period, which has continued through July, we are pleased with our current order position.
Here are the results of the last merger arbitrage poll. We asked the question, Did you know about the QIWI tender offer before seeing my article?
NEW YORK, July 11, 2017 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Sparton Corporation (NYSE: SPA) and its board of directors concerning the proposed acquisition of Sparton by Ultra Electronics Holdings plc for $23.50 per share in cash. The transaction is valued at more than $231 million.
• Shares of Berkshire Hathaway Inc. advanced 0.5% following news that the company has decided to acquire Energy Future Holdings for $9 billion in cash • Sparton Corporation’s shares gained 3.4% following news that Ultra Electronics Holdings agreed to acquire the company for $23.50 per share in an all cash deal • Shares of AVEO Pharmaceuticals, Inc. (AVEO - Free Report) soared 14.8% following news that the company’s drug “Tivozanib” is being considered for approval in Europe • The Advisory Board Company’s (ABCO - Free Report) shares gained 5. (0-1)
NEW ORLEANS, July 7, 2017 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 14, 2017 to file lead plaintiff applications in a securities class action lawsuit against FleetCor Technologies, Inc. (NYSE: FLT), if they purchased the Company's securities between February 5, 2016 through May 2, 2017, inclusive (the "Class Period").
NEW ORLEANS, July 7, 2017 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Sparton Corporation ("Sparton" or the "Company") (NYSE: SPA) to Ultra Electronics Holdings plc (LSE: ULE). Under the terms of the proposed transaction, shareholders of Sparton will receive only $23.50 in cash for each share of Sparton that they own.
BALA CYNWYD, PA / ACCESSWIRE / July 7, 2017 / The law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Sparton Corporation ("Sparton" or the "Company") (NYSE: SPA - News) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Ultra Electronics Holdings plc ("Ultra").
NEW YORK, July 7, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Sparton Corporation ("Sparton" or the "Company") (NYSE: SPA) concerning the proposed acquisition of the Company by Ultra Electronics Holdings plc ("Ultra").
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton