# Ultra Electronics to acquire Sparton Corporation for $23.50 per share

Ultra Electronics Holdings plc agreed to acquire Sparton Corporation for $23.50 per share in cash. The transaction is expected to close no later than January 1, 2018.

- Type: Acquisition
- Announced: 2017-07-07
- Where: Schaumburg, Illinois, United States
- Status: announced
- Products: electromechanical devices
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Medical Devices](https://endata.com/sectors/medical-devices.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Sparton Corporation](https://endata.com/companies/19352.md) (target)
- [Ultra Electronics](https://endata.com/companies/21430.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/92679/000119312517223928/d285060dex991.htm), 2017-07-07: "Ultra will acquire Sparton for $23.50 per share in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.