Monday, April 4, 2011, 8:10 AM
Aerospace engineering firm Ducommun (DCO) is buying LaBarge (LB), which makes high-quality circuit boards and other electronics, for $340M, or $19.25/share, a 10% premium to Friday's close. The acquisition will nearly double Ducommun's revenue. LB +9% premarket. (PR)
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Andrew Shapiro Ducommun to acquire LaBarge for 1.05X EV/revenue. With Sparton's excess cash, same multiple = >$20/share $SPA $DCO $LB
4/4/11
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Asif Suria Ducommun Incorporated to Acquire LaBarge, Inc. for $19.25 per share in cash $LB $DCO
4/4/11
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candlestickpicks $LB completed a Black Hammer candlestick pattern on 12/10/2010. Look for an upward price movement on 12/13/2010
12/11/10
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positivethoughts Just bought LB - Laurential Bank - small cdn bank in Quebec, but beating RY in revenue and earnings growth past 3 years with higher dividend