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Divestiture Nov 2010 · Middle East Verified

EMCOR Sells Equity Interest in Middle East Venture

EMCOR Group sold its equity interest in its Middle East venture to its venture partner, recording a pre-tax gain of $7.9 million in Q2 2010.

“a pre-tax gain of $7.9 million, or $0.12 per diluted share after-tax, in the 2010 second quarter from the gain on the sale of the Company's equity interest in its Middle East venture to its venture partner”

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ElectricalHVAC Sentiment: Neutral

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