MasTec Adds Precision Pipeline In $150M Deal
The deal, announced Tuesday, is subject to MasTec securing $75 million in financing. There is no breakup fee if that financing requirement is not met.
Eau Claire, Wis.-based Precision specializes in the development of large diameter pipelines used in long-haul, interstate transmission of oil and natural gas. MasTec says that the addition will complement its existing natural gas-gathering...
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