April 3, 2017 / 8:51 PM / 4 months ago

BRIEF-Magellan Aerospace announces sale of property

April 3 (Reuters) - Magellan Aerospace Corp:

* Magellan Aerospace announces sale of property

* Magellan Aerospace Corp - sale will generate net cash proceeds of approximately $32.7 million

* Magellan Aerospace Corp - sale will generate net cash proceeds of approximately $32.7 million

* Magellan Aerospace Corp - move to newly constructed facility is expected to be completed and operational in early part of 2019 Source text for Eikon: Further company coverage:

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