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Subsequent Event
12 Months Ended
Sep. 28, 2018
Subsequent Events [Abstract]  
Subsequent Event

NOTE 18:  Subsequent Event

On October 9, 2018, the Company entered into the Merger Agreement providing for the acquisition of the Company by TransDigm.  If the Merger is consummated, we will become a wholly owned subsidiary of TransDigm.  Each Company shareholder will receive $122.50 per share in cash, subject to any withholding taxes.  The Merger, which is expected to close in 2019, is subject to the receipt of approval by the Company’s shareholders, certain required regulatory or foreign investment approvals, and the satisfaction of certain other customary closing conditions.

The Merger Agreement includes termination provisions for both the Company and TransDigm. Under the Merger Agreement, the Company may be required to pay a termination fee of $128.9 million if the Merger Agreement is terminated under certain circumstances described in the Merger Agreement, including if the Company terminates the Merger Agreement, prior to receiving shareholder approval, in order to enter into a definitive acquisition agreement regarding an alternative acquisition proposal.

The Merger Agreement and the First Amendment to the Merger Agreement, which have been filed as exhibits to the Company’s Current Reports on Form 8-K filed with the SEC on October 10, 2018, and October 11, 2018, respectively.

The Company incurred $7.2 million of Merger-related costs for the year ended September 28, 2018.