1 Min Read
June 19 (Reuters) - Kirby Corp-
* Kirby Corporation signs agreement to purchase inland tank barges and towboats
* Kirby Corp - deal for $68 million.
* Kirby - asset purchase will consist of nine specialty pressure tank barges, four 30,000 barrel tank barges, and three 1320 horsepower inland towboats
* Kirby Corp - signing of an agreement to purchase certain inland marine assets from an undisclosed competitor for $68 million
* Acquisition is expected to be paid for using funds available under Kirby's revolving credit facility
* Kirby Corp- expect transaction to be $0.01 - $0.02 per share accretive to 2017 earnings Source text for Eikon: Further company coverage: