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Friday, December 28, 2012

RPT-BRIEF-Woodward to purchase hydraulic thrust reverser actuation systems business from General Electric for $200 mln, (NASDAQ: WWD)

Woodward Inc :* Signs agreement to acquire hydraulic thrust reverser actuation systems ("tras") business from General Electric* Deal for $200 million in cash* Says parties have entered into a preferred supplier agreement for thrust reverser actuation systems

Woodward, Inc. is a designer, manufacturer, and service provider of energy controls and optimization solutions. Shares of WWD fell by 0.69% or $-0.26/share to $37.39. In the past year, the shares have traded as low as $30.16 and as high as $46.00. On average, 350384 shares of WWD exchange hands on a given day and today's volume is recorded at 76213.



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