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Strategies & Market Trends : Speculating in Takeover Targets
CTG 7.820-2.1%1:26 PM EST

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From: E_K_S9/30/2019 9:16:12 AM
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AZZ acquired all the assets of Preferred Industries
Sep. 30, 2019 9:11 AM ET|

AZZ (NYSE: AZZ) has acquired all the assets of Preferred Industries Ltd., a privately held powder coating company in the Dallas-Fort Worth area. Terms of the transaction were not disclosed.

AZZ expects the acquisition will be accretive to earnings within the first year of operation.

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Some of these auto supplier/parts services are selling at value prices. I believe there was a hub/wheel company that I was looking at (forget the name) but it was trading at/near multi year lows.

EKS
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