Article: HUGHES SUPPLY, INC. ANNOUNCES THE COMPLETION OF THE ACQUISITION OF ATLANTIC PUMP & EQUIPMENT COMPANY

ORLANDO, Fla., Sept. 8 /PRNewswire/ -- Hughes Supply, Inc. (NYSE: HUG) announced today that it has completed its acquisition of Atlantic Pump & Equipment Company effective September 1, 1995.

This previously announced transaction was a cash transaction which will be accounted for using the purchase method of accounting and is expected to be anti-dilutive to earnings per share for the current year.

Atlantic Pump & Equipment Company is a distributor of pool products and equipment, water systems, pumps and irrigation equipment with three branch locations in Southeast Florida and a branch in ...

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