Goldfield acquires C and C Power Line for $7.25M

|About: Goldfield Corp (The) (GV)|By:, SA News Editor

Goldfield (GV +3.8%) shares spike into the close after the company announces the acquisition of Florida-based electrical construction company C and C Power Line for $7.25M. Closing is expected in Jan.

C and C generated revenue of ~$15M in 2012.