For immediate release: June 2, 2004
MDA Completes Acquisition of Marshall & Swift/Boeckh
Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA) announced today that it has completed and formally closed the previously announced acquisition of Marshall & Swift / Boeckh (MS/B). MS/B is the leading supplier of residential and commercial property valuation solutions to the property and casualty insurance sector in North America.
MDA also confirms that it has increased its borrowing capacity under senior bank facilities from $375 million to $810 million.
For more information, please contact:
MDA External Relations