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Deal announced Jul 2007 Verified

Watsco, Inc. Announces Definitive Merger Agreement with ACR Group, Inc.

Watsco, Inc. announced on July 5, 2007, that it has executed a definitive merger agreement to acquire ACR Group, Inc., a major distributor of air conditioning and heating products.

“On July 5, 2007, Watsco, Inc. (the “Company”) issued a press release announcing that they have executed a definitive merger agreement with ACR Group, Inc., one of the nation’s largest distributors of air conditioning and heating products.”

Entities

Watsco Inc. · Acquirer ACR Group, Inc. · Target
HVAC Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.