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DXP Enterprises Inc announces definitive agreement to purchase B27, LLC

Monday, 9 Dec 2013 04:12pm EST 

DXP Enterprises Inc:Enters into a definitive agreement pursuant to which DXP will acquire all of the equity securities and interests of B27, LLC.Says at a purchase price of about $285 mln.Says closing is anticipated during the first quarter of 2014, subject to the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions.Says Signing of the definitive agreement occurred on Dec. 9, 2013. 

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0.57 +0.72%
4:00pm EDT