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New Mountain Capital LLC has entered into a definitive merger agreement to acquire publicly traded TRC Companies Inc. in an all-cash transaction valued at $554.4 million. TRC will operate as a standalone business with current management.
“Publicly traded TRC Companies Inc. (Lowell, Mass.) has entered into a definitive merger agreement with New Mountain Capital LLC to be acquired in an all cash transaction valued at $554.4 million.”ebionline.org
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