secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL SIGNAL CORP /DE/ (FSS)
CIK:        0000277509
Form:       8-K
Filed at:   2022-09-07T23:59:59+00:00
Accession:  0000277509-22-000034
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Federal Signal signs agreement to acquire TowHaul for $46.1M cash
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- Purchase price of $46.1M in cash for substantially all assets and operations of TowHaul, including manufacturing facility in Belgrade, MT.
- TowHaul manufactures off-road towing and hauling equipment; aftermarket parts/service represent ~35% of annual revenues.
- Transaction expected to close in Q4 2022, subject to customary closing conditions; expected to be accretive in 2023.
- Combination with prior acquisition Ground Force Worldwide strengthens Federal Signal's specialty vehicle platform.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277509/000027750922000034/0000277509-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277509/000027750922000034/fss-20220907.htm
  HTML page:      https://secwatch.observer/filing/0000277509-22-000034

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