Limbach shares jump 8.1% after completing 1901 acquisition
Limbach said it completed its acquisition of Wisconsin-based contractor 1901 Inc. for $63 million, and shares rose 8.1% in afternoon trade.
What Happened? Shares of building systems company Limbach NASDAQ:LMBjumped 8.1% in the afternoon session after the stock continued to rebound as the company announced the completion of its acquisition of Wisconsin-based contractor 1901 Inc. for $63 million.According to a regulatory filing with the…