other material
confidence high
sentiment negative
materiality 0.60
Orion Group Holdings' $30.5M land purchase agreement terminated by seller
Orion Group Holdings Inc
- Capital Development Partners Acquisitions, LLC terminated Purchase and Sale Agreement for ~341 acres in Harris County, TX.
- Original agreement announced July 2, 2024; purchase price was ~$30.5 million.
- Termination effective September 16, 2024; no reason given for cancellation.