Wachtell Counsels Triumph In $1.44B Vought Deal

Law360, New York (March 23, 2010, 6:25 PM EDT) -- Triumph Group Inc. on Tuesday announced a deal to purchase airline parts maker Vought Aircraft Industries Inc. from private equity firm the Carlyle Group for a total $1.44 billion in cash, stock and retirement of Vought debt.

The deal brings under Triumph's banner a supplier of fuselages wings, empennages, nacelles and helicopter cabins to such aviation giants as The Boeing Co., Airbus SAS, Northrop Grumman Corp. and Gulfstream Aerospace Corp. The new unit will be called Triumph Aerostructures-Vought Aircraft Division LLC, Triumph said.

Richard C. Ill,...
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