Hearing chatter currently that the merger negotiations between Portec Rail Products PRPX and L.B. Foster Company FSTR may be blocked. Specifically, hearing that L.B. Foster Company must divest to proceed with the merger. Justice Department confirms that it requires divestiture in order for L.B. Foster (FSTR) to proceed with its acquisition of Portec Rail Products.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in