VSE Corp. (VSEC) announced it has acquired Turbine Weld Industries. VSE acquired Turbine Weld for approximately $50M in cash, subject to working capital adjustments. The cash purchase price was funded using the company’s existing credit facility.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VSEC:
- VSE Corp. price target lowered to $130 from $134 at Truist
- VSE’s Strategic Shift to Aviation Aftermarket Spurs Positive Outlook and Growth Potential
- VSE’s Strategic Shift and Market Recovery Justify Buy Rating
- VSE Corp. price target raised to $134 from $129 at Truist
- VSE Corporation’s Earnings Call Highlights Aviation Success
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue