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Stock impact report

Standard Motor Products Announces Acquisition Of Pollak Business Of Stoneridge [Reuters]

Standard Motor Products, Inc. (SMP) 
Last standard motor products, inc. earnings: 4/29 08:30 am Check Earnings Report
US:NYSE Investor Relations: smpcorp.com/en
Company Research Source: Reuters
Standard Motor Products Inc (SMP.N) Key Developments | Reuters.com April 1 (Reuters) - Standard Motor Products Inc ::STANDARD MOTOR PRODUCTS, INC. ANNOUNCES ACQUISITION OF POLLAK BUSINESS OF STONERIDGE, INC..STANDARD MOTOR PRODUCTS INC - DEAL FOR APPROXIMATELY $40 MILLION.STANDARD MOTOR PRODUCTS INC - ACQUISITION WAS FUNDED THROUGH BORROWINGS UNDER ITS REVOLVING CREDIT FACILITY..STANDARD MOTOR PRODUCTS INC - BELIEVE ACQUISITION WILL BE ACCRETIVE TO EARNINGS IN YEAR ONE, EXCLUDING ONE-TIME INTEGRATION COSTS.".STANDARD MOTOR PRODUCTS INC - SMP WILL BE RELOCATING ALL PRODUCTION TO EXISTING SMP LOCATIONS, AND IS NOT ACQUIRING ANY OF POLLAK LOCATIONS OR EMPLOYEES.STANDARD MOTOR PRODUCTS INC - IS EXPECTED THAT BUSINESS WILL BE FULLY INTEGRATED WITHIN 12 MONTHS.. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and int Show less Read more
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