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Broadwind Energy Buys MCM for $18M, Expands Into Grid Infrastructure
Source: marketbeat.com
M&A & RestructuringCompany Fundamentals
Broadwind Energy (NASDAQ: BWEN) acquired privately held precision manufacturer MCM for $18 million in cash, plus up to $7 million in performance-based consideration. The additional payment is tied to financial milestones over the 14 months following the transaction's close.
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