Astec (ASTE) to Acquire Blue Tee's GEFCO and STECO Divisions in $26M Deal

August 4, 2011 4:19 PM EDT
Astec Industries, Inc. (NASDAQ: ASTE) today announced that it has entered into a definitive agreement to acquire substantially all of the assets and certain liabilities of the GEFCO and STECO divisions of Blue Tee Corp in a $26 million deal.


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