CDNL completed its purchase of Allied Paving for about $115 million, using cash and shares. No sales or profit figures show what Allied adds, and issuing shares gives current owners a smaller slice, leaving the filing without a clear change in CDNL's outlook.
This adds another paving business, but the filing gives no sales or profit figures to show what it contributes. CDNL also issued shares, giving current owners a smaller slice. The filing does not establish a clear change in the company's outlook.
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