Aeronautics Gets $232M Buyout Offer

By The Editor Israel’s state-owned Rafael Advanced Defense Systems and businessman Avihai Stolero have offered to buy unmanned aerial vehicle maker Aeronautics for 850 million shekels ($232 million). The news sent shares of Aeronautics up 37 percent in morning trade in Tel Aviv on Sunday. Aeronautics rejected a 430 million shekel offer from

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