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Equity Bottom-Up

Ultra Electronics Holdings / Equity Bottom-Up

<p>Due to press speculation over the weekend, Ultra has issued a statement that indicates advanced discussions with respect to the possible purchase of the NYSE-listed Sparton Corporation. Given the nature of the established relationship with Sparton, together with Ultra management&rsquo;s track record, we would expect the terms of any deal to limit execution risk.</p>

Due to press speculation over the weekend, Ultra has issued a statement that indicates advanced discussions with respect to the possible purchase of the NYSE-listed Sparton Corporation. Given the nature of the established relationship with Sparton, together with Ultra management&rsquo;s track record, we would expect the terms of any deal to limit execution risk.

Potential purchase of Sparton Corporation