Cessna parent company Textron to buy Beechcraft for $1.4 billion

  • by: Associated Press
  • Updated: December 27, 2013 - 9:30 AM

WICHITA, Kan. — Cessna Aircraft parent company Textron Inc. said Thursday it will buy Beechcraft Corp. for approximately $1.4 billion, a deal that would combine two mainstays of Wichita's general aviation industry.

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