- In a filing, Comfort Systems USA (NYSE:FIX) says it will pay $178M in cash to acquire Walker TX Holding Co.
- The company announced the planned acquisition last week.
- Comfort Systems will also pay a $25M unsecured promissory note bearing interest at 4%/annum, paid in equal $12.5M installments on the third and fourth anniversaries of closing the deal.
- An additional earn-out is possible if Walker's EBITDA exceeds certain thresholds for each year through 2023.
Comfort Systems to pay $178M cash in Walker TX deal
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Symbol | Last Price | % Chg |
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FIX | - | - |
Comfort Systems USA, Inc. |