Watsco Inc. (WSO) announced Wednesday morning that it has executed a definitive agreement to acquire Carrier's HVAC distribution network in Canada.
Watsco rose steadily during the first hour of trade Wednesday, before settling into a range. The stock closed higher by 1.71 at $74.55 on above average volume. Watsco climbed above nearly a month and a half long range and set a new high for the year.
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