July 27, 2016 9:32 AM ET

Aerospace and Defense

Company Overview of Breeze-Eastern Corporation

Company Overview

Breeze-Eastern Corporation designs, develops, manufactures, sells, and services engineered mission equipment for specialty aerospace and defense applications worldwide. It primarily offers mission-critical helicopter rescue hoist and cargo hook systems; hydraulic and electric aircraft cargo winch systems; cargo and aircraft tie-downs; and hoists for aircraft and weapons systems. The company also manufactures weapons handling systems, including weapons handling equipment for land-based rocket launchers, and munitions hoists for loading missiles and other loads using electric power or exchangeable battery packs; and actuators and specialty gearboxes for specialty weapons applications. In addit...

35 Melanie Lane

Whippany, NJ 07981

United States

Founded in 1962

165 Employees


908 688 2440

Key Executives for Breeze-Eastern Corporation

President and Director
Age: 48
Secretary and Director
General Manager of Production Operations and Customer Support
Vice President of Contracts and Customer Support
Compensation as of Fiscal Year 2016.

Breeze-Eastern Corporation Key Developments

Harwood Feffer LLP Files Lawsuit Against Breeze-Eastern Corporation

Harwood Feffer LLP announced the filing of a lawsuit, under the federal securities laws and the Delaware General Corporation Law, in the United States District Court for the Southern District of New York on January 5, 2016 against the board of directors of Breeze-Eastern Corporation concerning the acquisition of the company by TransDigm Group Incorporated Under the terms of the offer, TransDigm acquired Breeze-Eastern in a transaction valued at approximately $206 million. Pursuant to the deal, Breeze-Eastern stockholders received $19.61 per share in cash. The offer price was based on materially misleading disclosures to the company's stockholders.

Breeze-Eastern Corporation(AMEX:BZC) dropped from CRSP US Total Market Index

Breeze-Eastern Corporation(AMEX:BZC) dropped from CRSP US Total Market Index

Breeze-Eastern Corporation Announces Management Changes

On November 19, 2015, Breeze-Eastern Corporation entered into an Agreement and Plan of Merger, dated as of November 18, 2015, with TransDigm Group Incorporated, and Hook Acquisition Sub Inc. and an indirect, wholly owned subsidiary of Parent. Pursuant to the Merger Agreement, on December 3, 2015, Purchaser commenced a tender offer to acquire all outstanding shares of common stock, par value $0.01 per share, of the company at a purchase price of $19.61 per share in cash, without interest, less any applicable withholding taxes, upon the terms and subject to the conditions set forth in the offer to purchase, dated December 3, 2015 (as amended or supplemented), and the related letter of transmittal. In connection with the Merger and as contemplated by the Merger Agreement, at the Effective Time, William T. Crosby, Robert J. Kelly, Nelson Obus, Brad Pedersen, William J. Recker, William M. Shockley, Charles A. Vehlow and Frederick Wasserman each ceased to be directors of the company and members of any committee of the company's Board of Directors. At the Effective Time, Brad Pedersen, Serge Dupuis and Mark McMillin each ceased to be officers of the company.

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November 19, 2015

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