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[StockonHighalert1]

Cemtrex announced its intention to issue an exchange offer for Spokane, Washington-based EMS company Key Tronic (KTCC). Terms of the move specified that Cemtrex would offer to exchange each outstanding share of common stock of Key Tronic for one share of Cemtrex common stock.
As part of the announcement, Cemtrex Chairman and CEO, Saagar Govil, also issued a letter to Key Tronic shareholders outlining the terms of the offering set forth in an S-4 that has been filed with the SEC. Key Tronic has operated in the EMS industry for more than 40 years and has operations in several US cities, Juarez, Mexico and Shanghai, China. In August the company reported FY2017 revenues of more than $465mn. http://stocksonhighalert.blogspot.com/2017/10/seethruequity-issues-company-note-on_19.html