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Stock Market & Financial Investment News

News Breaks
June 27, 2014
08:01 EDTTRN, ABBTrinity Industries to acquire assets of Meyer Steel Structures for $600M
Trinity Industries (TRN) announced that it has entered into an agreement to acquire the assets of Meyer Steel Structures, the utility steel structures division of Thomas & Betts Corporation, a member of the ABB Group (ABB), for a purchase price of approximately $600M. The transaction is subject to customary regulatory approvals and is expected to close during the third quarter. Trinity expects to fund the purchase price with available cash on hand. Trinity expects the transaction will be accretive to full-year 2014 earnings but cannot provide a range of earnings guidance until the transaction is completed and purchase price accounting entries are finalized.
News For TRN;ABB From The Last 14 Days
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September 18, 2014
07:38 EDTTRNTrinity Industries management to meet with UBS
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September 15, 2014
13:02 EDTTRNTrinity Industries files automatic mixed securities shelf
September 11, 2014
08:45 EDTABBABB management to meet with JPMorgan
Meeting to be held in Connecticut on September 16 hosted by JPMorgan.
September 9, 2014
15:04 EDTABBABB announces $4B share buyback program
This news is from an earlier press release.
15:03 EDTABBABB sees growing operational EPS 10-15% CAGR from 2015-2020
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September 8, 2014
10:01 EDTABBABB management to meet with JPMorgan
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