L.B. Foster completes merger of Foster Thomas Company into Portec Rail

Written by jrood

The merger of Foster Thomas Company with and into Portec Rail Products, Inc. has been effected as of December 27, 2010. Portec Rail is now a wholly-owned subsidiary of L.B. Foster. As of the close of trading on December 29, 2010, Portec's common stock will no longer be traded on the NASDAQ Stock Exchange.

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