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Aerospace Co. Says $15M Buyer Broke Purchase Promise

By Katryna Perera ( July 29, 2024, 7:59 PM EDT) -- Colorado-based Cablenet Wiring Products Inc., which manufactures parts for aerospace companies, has filed suit against the entity that acquired it for $15 million, claiming the buyer violated the purchase agreement by firing Cablenet's CEO without cause, despite agreeing to retain the officer for at least a year after the acquisition....

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