Columbia Helicopters Still Aims to Sell

Columbia Helicopters Still Aims to Sell

23-Jan-2019 Source: HeliHub.com

Columbia Helicopters is still happy to the sell itself to a Texas company, even though the buyers have been plunging their stock. As soon as the company announced they were to acquire Columbia Helicopters, Bristow investors began selling shares in the company, driving their stock from $10.04 to $3.16. The fast decline in Bristow stock has taken 8% away from the original purchase price of $493 million, reports Oregon Live.

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