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	<title>Stock Blog Hub &#187; Integrated Electrical Services</title>
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		<title>(PWR) Quanta Services Buys Price Gregory</title>
		<link>http://www.stockbloghub.com/2009/09/10/pwr-quanta-services-buys-price-gregory/14840</link>
		<comments>http://www.stockbloghub.com/2009/09/10/pwr-quanta-services-buys-price-gregory/14840#comments</comments>
		<pubDate>Thu, 10 Sep 2009 21:33:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Contractors]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[EMCOR Group Inc.]]></category>
		<category><![CDATA[EME]]></category>
		<category><![CDATA[IESC]]></category>
		<category><![CDATA[Integrated Electrical Services]]></category>
		<category><![CDATA[PWR]]></category>
		<category><![CDATA[Quanta Services Inc.]]></category>

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		<description><![CDATA[Quanta Services Inc. (PWR) recently agreed to acquire privately held Price Gregory Services Inc., a leading natural gas and oil transmission pipeline infrastructure service provider in North America, in a cash and stock transaction valued at about $350 million. According to the deal Quanta will issue approximately 11.1 million shares of common stock worth $250 million, and will pay nearly $100 million in cash, subject to adjustment, to Price Gregory shareholders. Price Gregory is a leading energy infrastructure services provider of its kind, specializing in the construction of large diameter transmission pipelines. Building on Quanta’s strength in electric power business, this acquisition strongly positions the company as a leader in the North American energy transmission infrastructure market and will help it to take advantage of the positive long-term outlook for ]]></description>
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