Spirit AeroSystems Holdings Inc
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SPR Spirit AeroSystems Holdings Inc
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Industrials : Aerospace & Defense | Small Cap Value
Company profile

Spirit AeroSystems Holdings, Inc. is a non-original equipment manufacturer (OEM), aircraft parts designer and manufacturer of commercial aero-structures. The Company is also a supplier of aero-structures. The Company operates through three segments: Fuselage Systems, Propulsion Systems and Wing Systems. The Fuselage Systems segment includes the development, production and marketing of forward, mid and rear fuselage sections and systems. The Propulsion Systems segment includes the development, production and marketing of struts/pylons, nacelles (including thrust reversers) and related engine structural components. The Wing Systems segment includes the development, production and marketing of wings and wing components (including flight control surfaces), and other miscellaneous structural parts. The Company's maintenance, repair and overhaul (MRO) services include repair stations that provide complete on-site repair and overhaul.

Premarket

Last Trade
Delayed
$43.74
-1.14 (-2.54%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$44.88
Day's Change
0.00 (0.00%)
Bid
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Ask
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
426

10-day average volume:
1,694,888
426

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Level One Bancorp, Inc. (Nasdaq - LEVL)

6:53 pm ET November 4, 2021 (Accesswire) Print

BALA CYNWYD, PA / ACCESSWIRE / November 4, 2021 / Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Level One Bancorp, Inc. ("Level One" or the "Company") (NASDAQ:LEVL) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by First Merchants Corporation ("First Merchants") (Nasdaq - FRME). Under the terms of the merger agreement, Level One shareholders will receive 0.7167 share of First Merchants common stock, in a tax-free exchange, and $10.17 in cash for each share of Level One common stock owned, currently an approximate 75% stock / 25% cash mix. Based on the closing price of First Merchants common stock on November 3, 2021 of $43.50 per share, the implied merger consideration for each share of Level One common stock is $41.35 per share.

The investigation concerns whether the Level One Board breached its fiduciary duties to shareholders, and whether First Merchants is paying too little for the Company. If you own shares of Level One stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/cases/level-one-bancorp-inc-nasdaq-levl/, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Brodsky & Smith, LLC

View source version on accesswire.com: https://www.accesswire.com/671246/SHAREHOLDER-NOTICE-Brodsky-Smith-Announces-an-Investigation-of-Level-One-Bancorp-Inc-Nasdaq--LEVL

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COMTEX_396365418/2457/2021-11-04T18:53:21

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