Deal of the Week: Kirby Corp. to buy Stewart & Stevenson for $710M, future deals possible

The skinny

Houston-based Kirby Corp. (NYSE: KEX) will acquire Stewart & Stevenson LLC, a subsidiary of Houston-based Parman Capital Group, for about $710 million. The deal will diversify Kirby’s business lines and expand its footprint. Additionally, Kirby executives are eyeing future acquisitions.

Click to read more at Houston Business Journal.