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Kapsch TrafficCom AG acquires Transdyn from Powell Industries Inc

Thursday, 16 Jan 2014 06:00am EST 

Kapsch TrafficCom AG:Announces that it has acquired through its subsidiary Kapsch TrafficCom IVHS Inc, with immediate effect, all of the shares of Transdyn Inc, from Powell Industries Inc, for a purchase price of $ 16 million, on a cash free, debt free basis, subject to working capital adjustment after the closing. 

Company Quote

0.57 +2.05%
12:19pm EDT