The Carlyle Group, a private equity firm, reached a definitive agreement to acquire ARINC from its current shareholders, which include more than a dozen major airlines and Boeing. ARINC, which generates more than $900 million in annual revenue, specializes in transportation communications technology and its ATC support systems are used by carriers and airports throughout the world. Primary shareholders in the 77-year-old company based in Annapolis include American Airlines, United Airlines, ...

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