May 3, 2018 / 11:18 AM / 7 months ago

BRIEF-Kirby Corporation Signs Agreement To Purchase Pressure Barges From Targa Resources Corp

May 3 (Reuters) - Kirby Corp:

* ORATION SIGNS AGREEMENT TO PURCHASE PRESSURE BARGES FROM TARGA RESOURCES CORP

* AGREEMENT TO ACQUIRE TARGA RESOURCES CORP'S INLAND MARINE TANK BARGE BUSINESS FOR APPROXIMATELY $69.3 MILLION IN CASH

* BARGES WILL BE ABOUT $0.02 PER SHARE ACCRETIVE IN 2018

* EXPECT TO INCUR SOME COSTS IN NEAR TERM FROM DEAL Source text for Eikon: Further company coverage:

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