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Willdan Group, Inc. has agreed to buy Mantis Intermediate Holdings, LLC for $285 million.

DealRead the original at sec.gov
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Willdan agreed to buy the target for $285,000,000 and unconditionally guarantees Energy Solutions' payment and financing obligations. That guarantee raises Willdan's potential cash obligations and financing risk.

WLDN · Willdan Group, Inc.

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The AI's read

The deal puts Willdan on the hook for payment and financing obligations. The company unconditionally guarantees its subsidiary's obligations, which raises cash and credit risk. Insurance and conditional debt commitments reduce some risk but do not remove the guarantee obligation.

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