TransDigm Group Incorporated announced the successful completion of its tender offer for Servotronics, Inc. shares on July 1, 2025. The acquisition was finalized at a purchase price of $47.00 per share in cash.
As of the tender offer's expiration, 2,228,197 shares of Servotronics' common stock, representing approximately 87.09% of outstanding shares, were validly tendered and accepted for payment. All conditions of the tender offer were satisfied or waived.
The merger was completed on July 1, 2025, without a vote of Servotronics' stockholders, as TransDigm and its affiliates acquired a sufficient number of shares. Consequently, Servotronics' common stock will cease to trade on NYSE American.
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