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Cardinal Infrastructure Buys Hughes Brothers for $357.5M, Enters Central Florida
Source: marketbeat.com
M&A & RestructuringTransportation & LogisticsCompany Fundamentals
Cardinal Infrastructure Group (NASDAQ: CDNL) agreed to acquire Hughes Brothers, a Central Florida heavy civil and site development contractor. The transaction is intended to provide Cardinal with immediate scale in a new regional market; no deal value or other terms were disclosed.
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