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Stock Market & Financial Investment News

News Breaks
December 11, 2012
07:09 EDTLAYN, HHCHoward Hughes subsidiary announces Layne Christensen signs on lease
The Woodlands Development Company, a wholly-owned subsidiary of The Howard Hughes (HHC), confirmed that Layne Christensen Company (LAYN) has signed a 51,152-square-foot lease for the top two floors of One Hughes Landing, the first office building to be constructed at Hughes Landing, a 66-acre, mixed-use development situated on 200-acre Lake Woodlands. With construction just beginning, the building is already nearly 30% pre-leased.
News For HHC;LAYN From The Last 14 Days
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August 18, 2015
07:13 EDTLAYNLayne Christensen closed sale of Geoconstruction business segment for $43M
Layne Christensen announced the closing of the previously announced sale of its Geoconstruction business segment to a subsidiary of Keller Foundations, a member of Keller Group, for a total of $43M, including the preliminary value of the business segment's working capital which is subject to a post-closing reconciliation. Approximately $6.0M of the purchase price will remain in escrow or will be paid at a later date upon the satisfaction of certain conditions.

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