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THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS:STRL) (“Sterling” or the "Company”) today announced that it has completed the previously announced acquisition of Tealstone Construction (“Tealstone”), a leading Texas-based concrete construction company, for approximately $85 million. The Company also announced that it has replaced its existing asset-based loan and security agreement with a new, $85 million credit facility, of which $55 million will be used to
April 04, 2017 at 02:32AM
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