By: Benzinga
Brady Corp Buys Precision Dynamics for $300M; Sees Charge of $25-30M, Deal Adding $0.10-0.15 in First Full Fiscal Year
Brady Corporation (NYSE: BRC ) (“Brady”), a world leader in identification solutions, announced today that it has acquired Precision Dynamics Corporation (“PDC”) from Water Street Healthcare Partners, a strategic private equity firm focused exclusively on the health care industry, in a cash transaction for $300 million, subject to customary working capital and post-close
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