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General Finance Corporation Message Board

  • lpe1108 Oct 8, 2013 11:36 AM Flag

    Southern Frac

    Not alot of emphasis or information on the acquisition of Southern Frac. I know they acquired a 90% interest last year on Oct 2012. However, anybody have an idea the strategy behind this acquisition? This year they've included Southern Frac's manufacturing revenue per quarter. Looking through it's 10K, the cost of its manufactured units is about 93% of it sales. Just wondering if anybody has an idea what this acquisition was all about.

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