Olin Corporation (NYSE:OLN) signed an agreement to acquire Assets of White Flyer Targets, LLC on August 23, 2023. The acquisition includes White Flyer's five state of the art manufacturing facilities in Coal Township, Pennsylvania; Dalton, Georgia; Webb City, Missouri; Knox, Indiana; and, San Bernardino, California and includes White Flyer's recently announced ECO FLYER® target product line. The transaction is contingent on Olin's completion of confirmatory due diligence, definitive agreements, and final approval of both companies' Boards of Directors. The transaction is not expected to require any premerger filings. Olin would fund the transaction with cash on hand and anticipates that the transaction would be immediately accretive to Olin's shareholders. The transaction is expected to be completed in the fourth quarter of 2023.

Olin Corporation (NYSE:OLN) completed the acquisition of Assets of White Flyer Targets, LLC for $63.5 million on October 1, 2023. The final assets acquired, excluding goodwill and intangibles, and liabilities assumed amounted to $66.6 million and $10 million, respectively. The acquisition was financed with cash on hand.