Finance / FAVS (First Aviation Services, Inc.)

Anyone here have a handle on what the news today with TATTF means? TATF sold some of their business and added some differing business? FAVS.pk has some debt, but also a good bit of revenues. Thanks for any help on this. WESTPORT, CT--(Marketwire - 11/09/09) - First Aviation Services Inc. (FAvS) (Pinksheets:FAVS - News) announced that it has entered into definitive agreement with Kelly...

FAVS Acquisition and Plan of Merger Announced by First Aviation WESTPORT, CT--(Marketwire - November 9, 2009) - First Aviation Services Inc. (FAvS) (PINKSHEETS: FAVS) announced that it has entered into definitive agreement with Kelly Aerospace, Inc. to acquire the business of Kelly Aerospace Turbine Rotables, Inc. through a newly formed subsidiary named Aerospace Turbine Rotables, Inc. (AeTR). ...