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Moog Inc. acquires Cotsworks for $63M

Moog (MOG.A) (MOG.B) Inc (MOG). announced the acquisition of Cotsworks for a purchase price of $63M. The transaction is subject to customary purchase price adjustments and was paid using a combination of cash and shares of the company’s Class A common stock. Moog will expand its existing Space and Defense component portfolio through the integration of Cotsworks technologies. This acquisition also facilitates the development of next-generation, fully integrated electronics, sensors and data network management solutions.

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