ROLLS-ROYCE TO BUY NATIONAL AIRMOTIVE FROM FIRST AVIATION SERVICES
Rolls-Royce signed an agreement to purchase National Airmotive Corp. from First Aviation Services (FAS) for $73 million. The agreement follows a decision earlier this year by FAS to explore ways of enhancing shareholder value (BA, May 3/200). Headquartered in Oakland, Calif., NAC overhauls and...
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