Thursday, July 5, 2007

UPDATE 1-Watsco to buy ACR Group for $6.75/shr

(Reuters) - Shares of ACR Group rose more than 42 percent to $6.61 in
afternoon trade on the American Stock Exchange, while those of
Watsco rose about 4 percent to $57.64.




Coconut Grove, Florida-based Watsco said ACR will add 54
locations in its network in key heating, ventilation and air
conditioning markets.


Read more at Reuters.com Mergers News

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