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Kirby (KEX) buys the assets of Allied Transportation and two affiliated companies for $116M,...

Kirby (KEX) buys the assets of Allied Transportation and two affiliated companies for $116M, including $10M that will be paid contingent on developments with the sugar provisions in the U.S. Farm Bill. Allied's fleet consists of 10 coastal tank barges with a total liquid capacity of 680K barrels, three offshore dry-bulk barges with a total capacity of 48K tons, and seven tugboats.
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