World Kinect to buy Universal Weather and Aviation's Trip Support Services unit in $220M deal

6 days ago 1
Refueling a plane

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World Kinect (NYSE:WKC) said Wednesday it agreed to acquire Universal Weather and Aviation's Trip Support Services division for ~$220M, consisting of $160M of cash payable at closing and another $60M payable over four years.

Universal Weather provides business and general

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