LB Foster Wins OK For $114M Portec Buy With Plant Sale
The deal, lodged in the U.S. District Court for the District of Columbia, calls for L.B. Foster's Huntington, W. Va., plant — which is involved in the development, manufacture and sale of certain railroad joints used to connect the abutting end of rails — to be sold to Koppers Inc.
L.B. Foster's original proposal to acquire Portec...
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