April 10, 2017 / 8:15 PM / 8 months ago

BRIEF-Orion Group Holdings Inc announces acquisition of Tony Bagliore Concrete Inc

April 10 (Reuters) - Orion Group Holdings Inc:

* Orion Group Holdings Inc announces acquisition of central texas concrete construction contractor

* Orion Group Holdings Inc - deal for $6 million in cash

* Orion Group Holdings Inc - deal for $6 million

* Orion Group Holdings Inc- believe TBC will be neutral to slightly accretive to 2017 earnings

* Orion Group Holdings - sellers have an opportunity to earn additional $2 million over three year period based on achievement of certain financial targets

* Orion Group Holdings Inc says acquisition of Tony Bagliore Concrete Inc

* Orion Group Holdings Inc- will rebrand TBC as TAS commercial concrete and operate under one common brand for commercial concrete segment Source text for Eikon: Further company coverage:

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