Orbital energy group, inc. announces intent to acquire privately owned, atlanta-based telecommunications company gibson technical services

Houston, march 30, 2021 /prnewswire/ -- orbital energy group, inc. (nasdaq: oeg)("oeg") today announced it has reached an agreement in principal and is preparing a definitive stock purchase agreement ("spa") to acquire 100% of gibson technical services ("gts"), an atlanta-based telecommunications company providing diversified telecommunications services nationally since 1990. the transaction is expected to close on or before april 30, 2021, subject to customary closing conditions.
OIG Ratings Summary
OIG Quant Ranking