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Safran shareholders approve Zodiac Aerospace merger

By   /   Wednesday, December 5th, 2018  /   Comments Off on Safran shareholders approve Zodiac Aerospace merger

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Shareholders of French aircraft equipment manufacturer Safran overwhelmingly voted Nov. 27 in favor of a merger with Santa Maria employer Zodiac Aerospace. The company took control of Zodiac in February in a roughly $9 billion deal, purchasing 97.57 percent of the company for around 25 euros per share. Zodiac employs around 1,200 people in Santa…

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