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TransDigm (TDG) will buy privately-held McKechnie Aerospace for $1.27B billion in cash, beating...

TransDigm (TDG) will buy privately-held McKechnie Aerospace for $1.27B billion in cash, beating out Precision CastParts (PCP) and others (earlier). TransDigm says it will finance the acquisition through a combination of senior and subordinated debt. (PR)
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