The firm bought NTS for $23 per share, a 38 per cent premium compared to its closing price on August 15.
The NTS board has asked shareholders to vote in favour of the deal.
NTS CEO William McGinnis said, “We believe Aurora Capital Group, based on its proven expertise in many industries that are important to NTS, like aerospace, defense and transportation, to name just a few, is the right partner for us.
“We look forward to working closely with them and continuing to build a bright and prosperous future for NTS and all our stakeholders.”
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