The Washington Post Co is acquiring Forney Corp., a global supplier of products and systems that control and monitor combustion processes in electric utility and industrial applications,
the
Washington Post
reported.
The price was not disclosed.
The aim of the acquisition is to diversify the company, the
Post
article said. Forney is currently a subsidiary of United Technologies.
Last year, the Post Co. acquired a majority stake in Celtic Healthcare, the article noted. (Source:
Washington Post,
July 18, 2013.)
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