Government Reviews Cirrus Acquisition

By William Garvey william_garvey@aviationweek.com .

The management at Cirrus Aircraft is awaiting word from the U.S. government regarding clearance to proceed with the Minnesota planemaker’s acquisition by China Aviation Industry General Aircraft Co., Ltd., (AVIC).

The $200+ million takeover, announced Feb. 28, has met with opposition that Cirrus executives maintain is misplaced and potentially damaging ...

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