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Re: UP Trend post# 62470

Friday, 10/09/2015 3:35:21 PM

Friday, October 09, 2015 3:35:21 PM

Post# of 139609
Read the entire thing. Its there, just have to read.
The two companies will be combined under CMGO.

Said Glenn Laken, “Our planned acquisition of BHC is a hand in glove fit with our previously announced acquisition of E&E Enterprises, located roughly one hour away from BHC in Virginia. We expect to derive numerous hard dollar and soft dollar synergies from the combination of the businesses, ranging from reduced overhead costs, increased utilization of BHC’s crews on substantial contracts with wireless carriers, and improved margins as a result of bringing work in house rather than relying extensively on subcontractors.[color=red][/color] Further, the devastation of the Carolinas after recent deluges provides an opportunity for BHC and E&E to play a role in rebuilding and repairing critical infrastructure in the region. Looking ahead, we anticipate renewed investment activity by wireless carriers throughout the country as a result of a heightened focus on tower work and DAS spending, which should lead to revenue acceleration for our family of companies.