financetom
Business
financetom
/
Business
/
Lakeland Industries Completes $25 Million Acquisition of Veridian
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lakeland Industries Completes $25 Million Acquisition of Veridian
Dec 16, 2024 3:09 PM

05:48 PM EST, 12/16/2024 (MT Newswires) -- Lakeland Industries ( LAKE ) said late Monday it completed the acquisition of Veridian for about $25 million in an all-cash deal.

The transaction was funded by the company's revolving credit facility with Bank of America ( BAC ) , according to Lakeland.

Shares of Lakeland were up 1.6% in after-hours activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved