Cessna will acquire Columbia Aircraft
by Scott Burgess, released on Friday, November 30, 2007

Cessna Aircraft will acquire the assets of Columbia Aircraft, allowing Cessna to broaden its single-engine product line. Cessna's winning bid was $26.4 million. Transaction will not be completed until Dec. 4.

The dual-turbocharged 310-horsepower Columbia 400 will become the Cessna 400, while the normally aspirated 310-hp Columbia 350 will be renamed the Cessna 350.

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