Liquidity Services (LQDT) Completes $31M Acquisition of GoIndustry
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Price: $38.49 +1.58%
Revenue Growth %: +3.7%
Financial Fact:
(Loss) income before provision for income taxes: 21.52M
Today's EPS Names:
LBIX, ESEA, ISS, More
Revenue Growth %: +3.7%
Financial Fact:
(Loss) income before provision for income taxes: 21.52M
Today's EPS Names:
LBIX, ESEA, ISS, More
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Liquidity Services, Inc. (Nasdaq: LQDT) has completed the acquisition of GoIndustry DoveBid, plc (GoIndustry), a global provider of surplus asset management, auction and valuation services, for 73 pence per share and assumed indebtedness, or total transaction price of $31 million.
Liquidity Services expects the transaction to be neutral to fiscal year 2012 earnings and one to three cents per share accretive to fiscal 2013 results.
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Liquidity Services expects the transaction to be neutral to fiscal year 2012 earnings and one to three cents per share accretive to fiscal 2013 results.
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