Manage Tickers

Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current
Analyst Rating Guide

News

Back

Distribution Solutions Group's TestEquity Agrees To Acquire ConRes Test Equipment; No Terms Disclosed

Author: Benzinga Newsdesk | October 03, 2024 05:03pm

ConRes Test Equipment generates approximately $12 million in annual sales and is expected to be immediately accretive to DSG's adjusted EBITDA margins on a go-forward basis.

The transaction will be funded through DSG's existing cash and availability under its credit agreement and is expected to close in the fourth quarter of 2024, subject to customary closing conditions.

This acquisition is not expected to be material for financial reporting purposes to DSG's results.

Posted In: DSGR


CORE & Plaid

CORE Finalist

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist