UPDATE: Live Ventures Acquires Precision Metal Works For Total Consideration Of ~$28M, Comprised Of $25M In Cash, $3M Earn-Out
Portfolio Pulse from Benzinga Newsdesk
Live Ventures has acquired Precision Metal Works for a total consideration of approximately $28 million, which includes $25 million in cash and a $3 million earn-out.
July 24, 2023 | 12:58 pm
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POSITIVE IMPACT
Live Ventures' acquisition of Precision Metal Works could potentially strengthen its portfolio and increase its market presence.
Acquisitions often lead to an increase in a company's market presence and can potentially lead to increased revenues in the future. However, the impact of this acquisition on Live Ventures' stock price will depend on how well the company integrates the new acquisition and leverages it for growth.
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IMPORTANCE 75
RELEVANCE 100