CEDA International to divest Ainsworth to GDI for ~$20.5M

CEDA International Corp. is selling its subsidiary Ainsworth to GDI for approximately $20.5 million cash-free, debt-free, funded by GDI's bank credit facility, capital lease assumption and a balance of sale.

“GDI will acquire Ainsworth for a purchase price of approximately $20.5 million on a cash-free, debt-free basis, subject to certain closing adjustments including working capital.”

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