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0 -0.00470588235294108 -0.00447058823529406 -0.000705882352941203 0.00041176470588248 0.000823529411764793 -0.0067058823529411 -0.00352941176470585
Stock impact report

Austin paving company to be acquired in deal valued at $950M [Yahoo! Finance]

Construction Partners, Inc. (ROAD) 
Last construction partners, inc. earnings: 2/7 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
AUSTIN ( Austin Business Journal Construction Partners Inc. (Nasdaq: ROAD) will pay $654 million in cash and 3 million shares of stock for Lone Star Paving, legally known as Asphalt Inc. LLC, according to an Oct. 21 announcement. Fred Smith, president and CEO of Construction Partners, a vertically integrated civil infrastructure company based in Dothan, Alabama, said his company has opted to buy Lone Star Paving because it's a “market leader” in fast-growing Central Texas. Lone Star serves the Austin and San Antonio metros, as well as the Temple-Killeen area, the announcement said. Read this full story at the Austin Business Journal Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Recommended Stories Show less Read more
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