Short Take: Ducommun sells wireless unit
<a href="http:"http://www.ducommun.com">Ducommun</a>, a maker of components for wireless telecommunications and aerospace, announced it has sold the capital stock of its wireless communications subsidiary 3dbm to Com Dev for $17.25 million in cash. The transaction will result in an after-tax gain of approximately $5.5 million to $6.5 million, or 47 cents to 55 cents per diluted share, which will be recorded in the third quarter.
, a maker of components
for wireless telecommunications and aerospace, announced it has sold the
capital stock of its wireless communications subsidiary 3dbm to Com Dev
for $17.25 million in cash. The transaction will result in an
after-tax gain of approximately $5.5 million to $6.5 million, or 47 cents
to 55 cents per diluted share, which will be recorded in the third quarter.