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Exchange Income Corporation

03:50 PM EST - Exchange Income Corporation : announced today the successful completion of its acquisition of Westower Communications, a company that designs, builds, maintains and services wireless phone and other communications towers throughout North America. The acquisition was first announced on March 9. The Corporation paid a total purchase price of $79.0 million, of which 15% was paid through the issuance of 606,579 common shares and the balance, $67.2 million, was financed through its senior credit facility. Exchange Income Corporation shares T.EIF are trading up $0.17 at $21.70.