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$GPRE has acquired SCI Ingredients Holdings, Inc. and its subsidiary Fleischmann's Vinegar Company Inc. for $250MM. The deal is financed with $135MM of debt and the balance in cash. A group of lenders led by Maranon Capital, LP provided a $130MM term loan and a $15MM revolving line of credit. The deal is immediately accretive to earnings.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th
Wow! $MCD scores again.