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Thermon Group Holdings (THR) Has Surged To A 5-Month High After Acquisition

Thermon Group Holdings (THR) announced Wednesday morning that it has agreed to acquire 100% of the equity interests of CCI Thermal Technologies Inc. and certain related real estate assets for CAD $258 million in cash.

Thermon Group has spiked to the upside in early trade and is now up 2.19 at $20.59 on above average volume. The stock has surged to over a 5-month high.

by RTTNews Staff Writer

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