Astec Completes Acquisition of TerraSource Holdings, LLC
(NASDAQ:ASTE), Revenue growth potential, margin expansion, EPS accretive, enhanced cash flow Purchase price of $245 million in cash, on a cash-free, debt-free basis. Net purchase price of $230 million when adjusted for ~ $15 million net present value of anticipated tax benefits Annual run rate synergies ~ $10 million expected by end of year two […]