secwatch.observer — SEC 8-K summary
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Issuer:     FOSTER L B CO (FSTR)
CIK:        0000352825
Form:       8-K/A
Filed at:   2022-08-18T23:59:59+00:00
Accession:  0000352825-22-000046
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

L.B. Foster completes VanHooseCo acquisition; files purchase agreement
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- Acquisition of VanHooseCo Precast (precast concrete products) closed Aug 12, 2022.
- Buyer CXT Incorporated (L.B. Foster subsidiary); $3.5M escrow for indemnification.
- Seller to provide non-competition and non-solicitation covenants post-closing.
- Credit agreement amended concurrently (Ex-10.2) to support transaction financing.
- No financial statements provided; pro forma filing due within 71 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/352825/000035282522000046/0000352825-22-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/352825/000035282522000046/fstr-20220812.htm
  HTML page:      https://secwatch.observer/filing/0000352825-22-000046

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