World Kinect Corporation to Acquire Universal Weather and Aviation's Trip Support Services Business
/World Kinect Corporation (NYSE: WKC) announced that a wholly owned subsidiary of the company has signed a definitive agreement with Universal Weather and Aviation, Inc., to acquire their Trip Support Services (TSS) division. The total purchase price is approximately $220 million, consisting of $160 million of cash payable at closing and $60 million payable over four years.
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