MasTec Suspends Talks For Proposed Acquisition Opportunity To Prioritize $250M Stock Buyback Plan
MasTec, Inc. ("MasTec" or the "Company") (NYSE:MTZ) today announced that it is suspending late stage negotiations of a large potentially accretive acquisition opportunity in order to prioritize the
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Why It Matters
MasTec stopped trying to buy another company. Instead, it will use money to buy back its own stock.
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