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Preformed Line Products Acquires Delta Star Conetores Eletricos; Shares Rise
Preformed Line Products (PLPC) said Tuesday it is acquiring Delta Star Conetores Eletricos, a Brazil-based manufacturer of high-voltage and extra-high-voltage substation connectors.Financial details related to the acquisition were not disclosed.Shares of the company were up 12% in Tuesday trading.Price: $346.14, Change: $+36.36, Percent Change: +11.74%
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