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Spartan Motors to acquire fire truckmaker Smeal
On December 13, Spartan Motors, Inc. announced its wholly owned subsidiary, Spartan Motors USA, Inc., has entered into a definitive agreement to acquire Smeal Fire Apparatus Co. and its subsidiaries for USD 36.3 million, subject to net working capital adjustments, Spartan’s forgiveness of liabilities owed by Smeal, a....
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