- Penske (PAG +0.9%) will pay $200M for the distributor of commercial vehicles, related spare parts and aftermarket support.
- The transaction should close in Q3.
- The deal will bring in $420-460M in annual revenue, will be "$0.10-0.14 accretive on an annualized basis," and will result in $0.02/ share in acquisition costs next quarter.
From other sites
at Nasdaq.com (Feb 25, 2015)
at Nasdaq.com (Feb 5, 2015)
at Nasdaq.com (Jan 15, 2015)
at Investor's Business Daily (Jan 6, 2015)
at Benzinga.com (Jan 2, 2015)
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