In a groundbreaking development, Kaman Corp. (NYSE: NYSE:KAMN ) has entered into a definitive agreement to be acquired by Arcline Investment Management, L.P. in an all-cash transaction valued at approximately $1.8 billion. The acquisition marks a significant milestone for Kaman, a technology-driven industrial company based in Bloomfield, Conn., and underscores...
Really no compelling reason for this to rally, airplane manufacturers aren't at full production yet.
Not expecting a huge move but probably down to support. Just a small play, there's no liquidity in KAMN options so if this goes the wrong way you'll lose everything.
