Rotorcraft
MD Helicopters ‘not for sale’
MD Helicopters (MDH) last month dismissed as ill-founded “rumors” circulating that the company is for sale.

In a statement, chairman and CEO Lyn

MD Helicopters (MDH) last month dismissed as ill-founded “rumors” circulating that the company is for sale.

In a statement, chairman and CEO Lynn Tilton expressed frustration at the “industry rumor mill.” She said that Patriarch Partners– which took a controlling interest in Mesa, Ariz.-based MDH in July 2005–recently repurchased most of the equity held by minority shareholders. “And–in the spirit of eradicating rumors–MD is not for sale,” she said in the statement. In recent months, Sikor-sky president Jeff Pino had hinted his company would be interested in buying MDH.

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