It looks official now!

This press release was just posted on the Precision Castparts website

PORTLAND – August 26, 2009 – Precision Castparts Corp. (NYSE:PCP) has agreed to acquire Carlton Forge Works (Carlton) and related entities for $850 million.

Blah, blah, blah, blah, blah..............

It looks like a few people are going to make out pretty well. That's a lot of money!

Anyways, the company I work for is the related entity. It looks like they were really after Carlton Forge Works, and got us in the bargain. Oh well, at least we got mentioned in the next to last paragraph of the release.

I can hardly wait to get to work tomorrow to learn what excitement this release has brought.

Comments

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