1. Westfield's Savage Arms sale to ATK for $315 million finalized

    Westfield's Savage Arms sale to ATK for $315 million finalized

    Defense contractor and ammunition maker ATK has completed its $315-million purchase Savage Sports Corp. and Savage Arms, according to an announcement released Monday.  The deal, first announced in May, makes Savage part of a conglomerate with $469 million in profits last year. ATK, created in 1990 when Honeywell spun off its defense business, will put Savage with its existing Sporting Group.

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