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Stock Market & Financial Investment News

News Breaks
January 16, 2014
06:04 EDTPOWLPowell sells Transdyn to Kapsch TrafficCom for $16M
Powell Industries announced the sale of its subsidiary, Transdyn, to Kapsch TrafficCom, a provider of electronic toll collection systems, headquartered in Vienna, Austria. The transaction closed January 15, at a price of $16M subject to post-closing working capital adjustments. Transdyn contributed revenues of approximately $32M in FY13 and was reported in Powell's Process Control Systems business segment.
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September 9, 2014
07:02 EDTPOWLDA Davidson to hold a conference
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