Category: Saltchuk Resources
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Saltchuk to acquire GLDD in $1.5 billion all-cash transaction
Saltchuk to acquire GLDD in $1.5 billion all-cash transaction Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) says that it and privately-owned,Saltchuk Resources, Inc. have reached a definitive agreement for Saltchuk to acquire Great Lakes at an aggregate equity value of approximately $1.2 billion and a total transaction value of $1.5 billion. Under the terms…