Wow.  Mercury must be in some strange alignment with Jupiter and the capital markets. FATS (Firearms Training Systems), another storied Atlanta success was just gobbled up by a European buyer.  Scientific-Atlanta, JBoss, ISS, Moxie Interactive, at least a dozen other smaller deals, and now FATS.
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Atlanta – Firearms Training Systems, a provider of technology company providing fully-integrated, simulated firearms training technology for professional military and law enforcement personnel, has agreed to be acquired by Meggitt, a U.K.-based defense contractor. Terms of the deal include $1.08 a share, or a total of about $144 million. “A strategic merger with Meggitt significantly advances our continued strategy of expanding our worldwide customer base, leveraging our strategic partnerships, and otherwise growing beyond our historical roots as a small arms training company to lead the industry in virtual training solutions,” said Ronavan Mohling, president and CEO of FATS, in an announcement of the deal on Thursday.
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Cheers.