Bristow-Columbia Deal Stalls
Bristow says "market conditions" prevented it from closing on its planned purchase of Columbia by the end of 2018.
Bristow's acquisition of Columbia Helicopters has stalled amid falling stock price for the former. Under the plan, Bristow would acquire Columbia for $560 million in a cash/debt/stock deal. (Photo: Columbia Helicopters)
Bristow's acquisition of Columbia Helicopters has stalled amid falling stock price for the former. Under the plan, Bristow would acquire Columbia for $560 million in a cash/debt/stock deal. (Photo: Columbia Helicopters)