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Report: Carlyle Group Preparing Sale Of ARINC

Carlyle Group is preparing to sell ARINC at a private auction later this spring, according to Reuters. A sale of the Annapolis, Md.-based aerospace and defense company could be worth between $1.2 billion and $1.5 billion to Carlyle, according to Soyoung Kim’s report. Carlyle acquired ARINC from six U.S. airlines …

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