Erickson buying Evergreen Helicopters for $250M

Published March 20, 2013 3:39pm ET



PORTLAND, Ore. (AP) — Erickson Air-Crane Inc. is buying Evergreen Helicopters Inc. from Evergreen International Aviation Inc. for $250 million in cash, stock and promissory notes.

The company said after the markets closed Tuesday that the deal will transform its business, making it a leader in heavy-lift helicopter operations.

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