An announcement from Orion Group Holdings (ORN) is now available.
Orion Group Holdings, Inc. announced a deal to sell two parcels of land in Texas for $34 million to Brixx Technologies LLC, which was expected to close by June 14, 2024. However, Brixx terminated the agreement on the anticipated closing date. Quickly responding to this, Orion Group engaged with another potential buyer, aiming for a sale closure in the third quarter of 2024, though the finalization of this deal remains uncertain.
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