Plus   Neg

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

For comments and feedback: editorial@rttnews.com

Business News

Follow RTT