10:00 AM EST - CAE Inc. : Announced today the acquisition of Merlot Aero Limited (Merlot), a leading civil aviation crew management and optimization software company for $25 million U.S. plus additional consideration of up to $10 million U.S. in the form of an earn-out. The acquisition marks CAE's expansion into digital flight crew management and represents an important milestone in the Company's goal to unify the digital flight operations ecosystem. CAE Inc.
shares T.CAE are trading up $0.19 at $33.46.
