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Stella-Jones Inc.

09:54 AM EST - Stella-Jones Inc. : Has completed its previously announced acquisition of the shares of Ram Forest Group Inc. and Ramfor Lumber Inc. The purchase price was $60.0 million, including $16.7 million of estimated working capital, subject to post-closing adjustments. Stella-Jones has financed the acquisition through its existing revolving credit facility. Stella-Jones Inc. shares T.SJ are trading up $0.01 at $42.33.