Greenbriar Closes Tender Offer for EDAC

Greenbriar Equity Group said Tuesday that an affiliate has completed a tender offer for all of the outstanding shares of common stock of EDAC Technologies Corp. at a purchase price of $17.75 per share. GB Aero intends to delist and de-register EDAC common stock, Greenbriar. Farmington, Conn.-based EDAC makes aerospace and industrial components.

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