Toro (TTC) to Acquire Assets of Astec Underground from Astec Industries (ASTE)
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Price: $99.44 +1.69%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +5.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +5.3%
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The Toro Company (NYSE: TTC) announced today that it has acquired certain utility and underground product assets of Astec Underground, Inc., a wholly-owned subsidiary of Astec Industries, Inc. (Nasdaq: ASTE). Terms of the transaction were not disclosed.
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