Armor Holdings, Inc. Announces Agreement to Acquire Stewart & Stevenson Services, Inc - Research and Markets Offers a Transcript of 'Armor Holdings, Inc.' Conference Call.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland -- The Armor Holdings, Inc. (NYSE NYSE See: New York Stock Exchange :AH) Corporate Conference Call took place on 27-Feb-06 11:00am ET. AH announced that it has signed a definitive merger agreement to acquire Stewart & Stevenson Services, Inc. AH has agreed to pay $35 per share in cash for the business and plans to fund the transaction with cash from its balance sheet and approx. $310m of cash on hand at SVC (1) (Switched Virtual Circuit) A network connection that is established at the time the transmission is required and disconnected when the session is completed. as of 01/31/06. The balance of the purchase price is expected to be drawn from the new senior credit facility. AH anticipates earnings guidance for 2007 for the combined Co. to be in the range of $4.50-5.00 per share. More information on this Conference Call can be obtained from Research and Markets at http://www.researchandmarkets.com/transcripts/81623 This document provides verbatim ver·ba·tim adj. Using exactly the same words; corresponding word for word: a verbatim report of the conversation. adv. text of the conference call. |
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