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Tuesday, November 19, 2013

BRIEF-ALAMO to acquire Bandit Industries, (NYSE: ALG)

Alamo Group Inc : * To acquire Bandit Industries * Alamo Group and Bandit have received approval for the acquisition under the Hart-Scott-Rodino Act * Source text for Eikon * Further company coverage

Alamo Group Inc. is engaged in the design, manufacture, distribution and service of equipment for right-of-way maintenance and agriculture. Shares of ALG fell by 0.73% or $-0.37/share to $50.66. In the past year, the shares have traded as low as $30.75 and as high as $51.55. On average, 26566 shares of ALG exchange hands on a given day and today's volume is recorded at 21831.



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