Tuesday, March 27, 2012

Reuters: Mergers News: Wabash National to buy Walker Group for $360 mln

Posted by Ava on 5:06 AM

Reuters: Mergers News
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Wabash National to buy Walker Group for $360 mln
Mar 27th 2012, 11:26

March 27 | Tue Mar 27, 2012 7:26am EDT

March 27 (Reuters) - Semi-trailer maker Wabash National Corp said it will buy storage and liquid-transportation equipment maker Walker Group Holdings LLC for $360 million in cash.

The deal would immediately add to its earnings, Wabash said in a statement on Tuesday.

The company said it has received financing commitments from Morgan Stanley and Wells Fargo for up to $450 million to fund the deal.
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2 comments:

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March 27, 2012 at 5:45 AM
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September 10, 2014 at 9:18 AM

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