MasTec to buy The Superior Group in $1.65B cash and stock deal
Seeking Alpha ·
MasTec ( MTZ ) up 4.5% post-market Tuesday after saying it agreed to acquire electrical contractor The Superior Group for ~$1.65B, consisting of $475M in MasTec common shares and $1.175B in cash, expanding its infrastructure capacity platform for data centers and mission-critical facilities.
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