Core & Main Signs Agreement to Acquire Granite Water Works Inc.; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Core & Main has signed an agreement to acquire Granite Water Works Inc. The terms of the deal have not been disclosed.
November 09, 2023 | 1:09 pm
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Core & Main, represented by the ticker CNM, is set to acquire Granite Water Works Inc. The financial terms of the deal have not been disclosed.
Acquisitions often lead to an increase in the stock price of the acquiring company due to potential synergies and increased market share. However, the lack of financial details makes it difficult to assess the full impact of this deal on CNM's stock price.
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