"Textron Inc., the parent company of Cessna Aircraft Co., is buying Beechcraft Corp. in a $1.4 billion deal, according to a report from the Financial Times.
The report cites “people familiar with the situation” but does say neither company would discuss the deal."
I did some time on the King Air Final Assembly Line at then Hawker Beechcraft. It was not run very well then.............................This. if true, would give stability to Beechcraft that I truly believe it needs
The remainder is at the link below.
http://www.bizjournals.com/wichita/blog/2013/12/report-beechcraft-sold-to-textron.html
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