(marketscreener.com) HAIFA, Israel, Dec. 23, 2020 /PRNewswire/ -- Elbit Systems Ltd. announced today that its U.S. subsidiary, Elbit Systems of America, LLC , has signed a definitive agreement with an affiliate of Cerberus Capital Management, L.P. for the acquisition of Sparton Corporation for a purchase price of $380 million. The transaction...https://www.marketscreener.com/quote/stock/ELBIT-SYSTEMS-LTD-839509/news/Elbit-U-S-Subsidiary-Signs-Definitive-Agreement-to-Acquire-Sparton-Corporation-32077418/?utm_medium=RSS&utm_content=20201223
Sparton is a Florida-based company that designs and manufactures electronic and electromechanical devices for industries including marine and aerospace.