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WL Ross & Co. Acquires Three Companies
Permian Basin Materials (PBM), a newly formed affiliate of WL Ross & Co., has acquired Crockett County Mining Ltd., Highland Concrete Co. and Wallach Concrete Inc. Funds managed by WL Ross will own 80 percent of PBM, and existing shareholders from the three businesses will own a combined 20 percent. The companies will continue to operate under their existing trade names.
|Last Updated on Monday, 07 October 2013 10:46|