Dycom Industries acquired Lamberts' Cable Splicing Company (LCS) for approximately $12.4 million (about $10.0M cash plus 73,309 shares), a transaction completed in August 1999, structured as cash and stock.
Lamberts' Cable Splicing Company (LCS) operates in Telecommunications infrastructure services. Cable-splicing specialty contractor acquired in August 1999 for roughly $10.0 million cash and 73,309 Dycom shares, an aggregate of about $12.4 million before transaction costs (per Dycom's fiscal 2002 Form 10-K acquisitions note).
Advisory firms were not disclosed for this transaction.