Raytheon Sale of Beechcraft, Hawker, all GA imminent
Owen writes:
Raytheon has been trying to unload its general aviation / business
aircraft business for years and the Boston Globe is now reporting that a
buyer has reportedly been found and negotiations are in final stages.
The buyer is reportedly one of these three:
Carlyle Group of Washington
Cerberus Capital Management of New York
Onex Corp. of Toronto, Canada
All of these potential buyers are purely money-oriented companies. If
they buy Raytheon's activity, it will most likely be gutted for its
liquidation value, and then shut down. In any case, it will be the
end of an era.
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