POWER SERVICE: Now Reveals Acquisition Of Power Service For Undisclosed Terms

NOW Inc. (NYSE: DNOW) revealed it struck a deal to acquire Power Service, Inc., Industrial Tool & Repair, Inc., d/b/a/ Power Service of Montana and Power Transportation LLC. The company indicated that it was all-cash transaction though terms were not disclosed.Now said the deal remained subject to customary closing conditions. That included regulatory approval.President and CEO Robert Workman commented, "We are excited about the opportunity to add Power Service's business to DistributionNOW. With their established ...Full story available on Benzinga.com