Arcosa, inc. completes sale of its storage tanks business

Dallas--(business wire)--arcosa, inc. (nyse: aca) (“arcosa” or the “company”), a provider of infrastructure-related products and solutions, today announced it has completed the previously announced sale of its storage tanks business to black diamond capital management, llc for $275 million in cash. the company plans to initially use a portion of the net proceeds to repay outstanding borrowings under its revolving credit facility as we evaluate organic initiatives and potential acquisition oppor
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