As revenues began to decline, Textron acquired Beechcraft in mid 2014, which helped prop up 2014 results, in the form of another year of EPS growth. However, this acquisition has left the company less profitable and more debt laden, not exactly the characteristics of a quality acquisition.
As revenues began to decline, Textron acquired Beechcraft in mid 2014, which helped prop up 2014 results, in the form of another year of EPS growth. However, this acquisition has left the company less profitable and more debt laden, not exactly the characteristics of a quality acquisition.
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