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Banner Aerospace, Inc., 1990 Proof Stock Certificate.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:55.00 USD Estimated At:100.00 - 200.00 USD
Banner Aerospace, Inc., 1990 Proof Stock Certificate.
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Virginia, 1990, Odd Shares, Proof stock certificate, Blue border, Planes and worker vignette, Stamped "This is a Hand Pulled ProofÉ", Uncirculated condition, Banner Aerospace, Inc. overhauls and distributes rotable aircraft parts--components that are meant to be recycled. Its products include flight data recorders, avionics, and defense and space equipment. Banner sells its products to commercial airlines, air cargo carriers, original equipment manufacturers, and other distributors. About one-third of its sales are made internationally. The company had kept a low profile until the mid-1980s, when Jeffrey J. Steiner assumed control and began using it as an investment and takeover vehicle. In the latter half of that decade, Banner's rapid-fire, junk-bond-financed acquisitions earned it a reputation as 'the KKR (Kohlberg, Kravis, Roberts and Co.) of public companies.