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5 个月前
BRIEF-Dynatronics to acquire Hausmann Industries for $10 mln
2017年3月22日 / 下午12点47分 / 5 个月前

BRIEF-Dynatronics to acquire Hausmann Industries for $10 mln

March 22 (Reuters) - Dynatronics Corp-

* Purchase price is approximately $10.0 million in cash

* Dynatronics announces agreement to acquire Hausmann Industries

* Transaction will be immediately accretive to Dynatronics' adjusted earnings and operating cash flow

* Post-transaction, Dynatronics expects combined company to be cash flow positive

* Dynatronics also expects certain one-time costs from integration

* Dynatronics plans to fund acquisition of Hausmann through an asset-based lending facility

* Co also plans to fund acquisition of Hausmann through issuance of $7.8 million of equity securities in a private placement Source text for Eikon: Further company coverage:

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