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Otter Tail (OTTR) Sells ShoreMaster; Terms Not Disclosed

February 11, 2013 6:50 AM EST
Otter Tail Corp (Nasdaq: OTTR) has sold substantially all of the assets of ShoreMaster, its waterfront equipment manufacturing business, to High Street Capital, a longstanding private equity group based in Chicago, IL.

The impact of this transaction on the 2012 Otter Tail Corporation consolidated financial results will be disclosed in the company's earnings release on February 11, 2013.


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