Notable Mergers and Acquisitions of the Day 8/7 (MTZ, NFS, SHEN) - Street Insider

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Notable Mergers and Acquisitions of the Day 8/7 (MTZ, NFS, SHEN)
Aug 07, 2008 02:04 PM UTC

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Via StreetInsider.com News Articles:

StreetInsider.com Notable Mergers and Acquisitions of the Day:

MasTec, Inc. (NYSE: MTZ) announced that it has acquired the assets and liabilities of Nsoro, LLC, a private company specializing in wireless infrastructure management and construction. MasTec paid $17.5 million in cash plus an earn out and assumed debt related to a working capital line. Nsoro is headquartered in Atlanta, Georgia, and had revenue of approximately $70 million in 2007.
Nationwide Mutual Insurance Company and Nationwide Financial Services, Inc. (NYSE: NFS) entered into a definitive agreement for Nationwide to acquire all of the outstanding publicly held Class A common stock of NFS for $52.25

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