Boeing nears deal to buy aerospace parts company KLX – WSJ

Boeing Co is nearing a deal to buy aerospace parts company KLX Inc to expand into the aircraft-services business, the Wall Street Journal reported on Friday, citing people familiar with the matter. KLX’s shares jumped about 8 percent to $78.98 while Boeing’s shares were flat at around $341.74. KLX was not immediately available for comment, while Boeing declined to comment. …read more

Source:: Yahoo Finance

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