foster (lb) co-a (FSTR:NASDAQ GS)
Transactions by FOSTER (LB) CO-A (FSTR) in the last 6 months
LB Foster Co. (NasdaqGS:FSTR) acquired IOS Holdings Inc. from Calvert Street Capital Partners, Inc. and other shareholders for approximately $230 million in cash on March 13, 2015. The payment is subject to a post-closing adjustment related to the estimated indebtedness, cash, working capital and transaction expenses as of the closing date. An amount equal to $7.6 million of the purchase price was deposited in an escrow account in order to cover breaches of representations ...
LB Foster Co. (NasdaqGS:FSTR) entered into an agreement to acquire Chemtec Energy Services, LLC on January 5, 2015. Chemtec Energy Services will operate as a wholly-owned subsidiary of L.B. Foster Company. For the year ended December 31, 2014, Chemtec Energy Services reported revenues of approximately $50 million. Foster expects the acquisition to be accretive to earnings in 2015. Thompson & Knight, LLP acted as the legal advisor and Crutchfield Capital Corp acted as ...
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