Federal Signal Corp (NYSE:FSS)
$ 84.34 0.12 (0.14%) Market Cap: 5.15 Bil Enterprise Value: 5.40 Bil PE Ratio: 28.49 PB Ratio: 4.93 GF Score: 92/100

Federal Signal Corp to Acquire Mark Rite Lines Equipment Co Inc Conference Call Transcript

May 14, 2019 / 03:30PM GMT
Release Date Price: $25.42 (-0.08%)
Operator

Greetings and welcome to Federal Signal Corporation's announcement call. (Operator Instructions) And as a reminder, this conference is being recorded. I would now like to turn the conference over to Ian Hudson, Chief Financial Officer. Thank you. Please go ahead.

Ian A. Hudson
Federal Signal Corporation - Senior VP & CFO

Good morning and welcome to the Federal Signal conference call. I am Ian Hudson, the company's Chief Financial Officer. Also with me on the call today is Jennifer Sherman, our President and Chief Executive Officer.

As you may have seen, we announced some exciting news this morning about our agreement to acquire Mark Rite Lines Equipment Company, or MRL. On today's call, we will go over the strategic rationale for the acquisition, provide an overview of MRL and its product offerings, and give some details on the economics of the transaction. We will refer to some presentation slides today as well as to the news release which we issued this morning. The slides can be followed online by going to our website, federalsignal.com,

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