altra industrial motion corp
Transactions by ALTRA INDUSTRIAL MOTION CORP (AIMC) in the last 6 months
Altra Industrial Motion Corp. (NasdaqGS:AIMC) acquired Guardian Industries, Inc. on July 1, 2014. Guardian Industries recorded revenue of $10 million. The transaction is expected to be accretive to earnings in the range of $0.01 to $0.02 per share, excluding any one-time or acquisition related costs, during the 2014 fiscal year. Paul Hoffman of Dresner Partners acted as financial advisor to Guardian Industries, Inc.
Altra Industrial Motion Corp. (Nasdaq:AIMC) announces a share repurchase program. Under the program, the company will repurchase up to $50 million of its common stock. The Company expects to purchase shares on the open market, through block trades, in privately negotiated transactions, in compliance with SEC Rule 10b-18 (including through Rule 10b5-1 plans), or in such other appropriate manner. Shares acquired through the repurchase program will be held as treasury shares ...
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