AAR CORP. (AIR) To Acquire 65% of MRO Holdings at $4.0B EV

AAR CORP. agreed to buy a 65% interest in MRO Holdings at an implied $4.0B enterprise value, funded by ~$2.1B new debt, ~$780M equity at $135/share, and a ~$230M PIPE; close expected in AAR’s fiscal Q3 ending Feb 2027, subject to approvals.Material DetailsContext by AI AnalystThis is a late-stage c…