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Stock Market & Financial Investment News

News Breaks
March 18, 2014
16:32 EDTPMFGPMFG to acquire assets of Combustion Components Associates for $8.9M
PMFG announced it has reached a definitive agreement to acquire substantially all of the assets of Combustion Components Associates, a leading provider of in-furnace and post-combustion control technologies. The acquisition is subject to customary closing conditions and is expected to close by April 30. The purchase price is approximately $8.9M in cash plus performance-based contingent payments and will be funded with cash on hand.
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