Article: The Daily Record Business News Briefs: September 29, 2009

ACPT to be acquired

American Community Properties Trust, of St. Charles, a real estate development company, announced it has agreed to be acquired by FCP Fund I L.P., of Washington, D.C., in an all-cash transaction. FCP will acquire all of the outstanding common shares of ACPT for a price of $7.75 per share, a total of $43.6 million. The per-share price represents a 17 percent premium to ACPT's closing price on Sept. 14, the last trading day before ACPT announced that it was considering various strategic alternatives, including possible sale. Closing is expected to occur prior to March 31, 2010.

Parts service upgraded

BAE Systems Inc., of Rockville, the U.S. subsidiary of a British defense ...

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