12:10 PM EST - McCoy Corp. : announced the acquisition of Texas Breakout II, L.P., which operates under the business name RP Manufacturing & Calibration, effective February 28, 2009. RPMC, located in Conroe, Texas, is a global supplier of make/break machines. For cash consideration of $1.1 million U.S., McCoy has purchased 100 per cent of the partnership interests of Texas Breakout II, L.P. and entered into employment contracts with RPMC management and key staff, and a five-year non-compete agreement with the previous owners of RPMC. McCoy Corp.
shares T.MCB are trading down $0.11 at $1.00.
