11/27/2007 - Cessna Buys Columbia Aircraft For $26.4 Million
November 27, 2007
Tuesday outside of Portland bankruptcy court, a world-renowned planemaker appears to have purchased Bend-based Columbia Aircraft for what many say is a bargain price.
The deal is being finalized and if a bankruptcy judge accepts the terms, Kansas-based Cessna will have outbid just one other suitor for Columbia. Central Oregon correspondent Ethan Lindsey reports.
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