11:54 AM EST - Magellan Aerospace Corporation : Announced that it has, through a wholly owned subsidiary, acquired substantially all the assets of Lawrence Ripak Co. Inc. and Ripak Aerospace Processing LLC for $23.7 million U.S., subject to normal working capital adjustments. Ripak is an aerospace processing facility located in Long Island, New York. Magellan Aerospace Corporation
shares T.MAL are trading up $0.02 at $17.76.