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News Breaks | | | | May 1, 2012 | | 10:15 EDT |  | STRN | Sutron Corp agrees to acquire IPS Meteostar
Sutron Corpo. announced that it has entered into a definitive agreement to acquire substantially all of the commercial and operating assets of IPS Meteostar for a cash purchase price of $4,175,000 and the assumption of certain liabilities of up to $175,000, subject to a partial escrow to secure certain representations and warranties. Closing is subject to customary conditions, including receipt of consents from third-parties. | |
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