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Some shareholders have questioned whether it is a good use of shareholder dollars to pay for the personal lifestyle choice of the CEO to live in one state and work in another. [10] Shares in Textron plummeted to as low as $10.09 per share in the aftermath of the 2008 economic downturn, driving its market capitalization down to just $3.17 billion.
Textron eViation Nexus Tiltrotor eVTOL model at EBACE 2023. Textron completed its purchase of Beech Holdings in March 2014 for approximately US$1.4 billion in cash. The parent company, Textron, financed the equity purchase and the repayment of Beechcraft's debt in cash, plus its issue of US$600 million in senior notes and a new US$500 million five-year term loan.
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Bell Textron Inc. is an American aerospace manufacturer headquartered in Fort Worth, Texas. A subsidiary of Textron , Bell manufactures military rotorcraft at facilities in Fort Worth, and Amarillo, Texas , United States as well as commercial helicopters in Mirabel, Quebec , Canada .
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Arctic Cat is an American brand of snowmobiles and all-terrain vehicles manufactured in Thief River Falls, Minnesota.The company was formed in 1960 and is now part of Textron Inc. Arctic Cat designs, engineers, manufactures, and markets all-terrain vehicles, snowmobiles and related parts, garments (such as snowmobile suits), and accessories.
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