Ladish (LDSH) Completes Merger with Chen-Tech Industries; Deal Expected to be Accretive to '08 Earnings
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Ladish Co., Inc. (Nasdaq: LDSH) today announced that it has completed the merger of Chen-Tech Industries, Inc. with a wholly owned subsidiary of Ladish on September 4, 2008. The merger, paid in a combination of cash and Ladish common stock, is expected to be accretive to 2008 earnings.
Ladish Co., Inc. engages in the engineering, production, and marketing of forged and cast metal components for various load-bearing and fatigue-resisting applications.
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