Monday, March 19, 2007

Quanta To Buy InfraSource

InfraSource Services Inc. (IFS) which provides utility infrastructure services received a $1.26 billion offer from Quanta Services Inc. (PWR). Shares of InfraSource leaped $4.17 to close at $29.83 while Quanta stock edged up 3 cents to close at $24.67.

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