Thomas Carlyle

July 10, 2007 - 11:34am

Private equity company The Carlyle Group, which has been steadily assembling business aviation assets in recent years, plans to add transportation communications and systems engineering specialist Arinc to its portfolio. Carlyle announced June 5 it had reached a “definitive agreement to acquire Arinc” from its current shareholders—a vast majority of which are both domestic and foreign airlines.

 
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