JBL: Nypro Deal Good Way to Expand, Say UBS, Citi
Shares of contract electronics manufacturer Jabil Circuit (JBL) fell 12 cents, or 0.6%, to close at $19.24 today after the company this morning said it would spend $665 million to acquire 58-year-old privately held Nypro of Clinton, Massachusetts, which focuses on production of “precision plastic consumables,” and which has over $1 billion in annual revenue. [...]
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