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Wabtec acquires Australian sensor systems firm's assets; FTC...

2015-10-13 06:23:02| Railroads - Topix.net

Wilmerding-based rail industry supplier Wabtec Corp. has acquired the assets of Track IQ, an Australian manufacturer of wayside sensor systems for the global train industry with annual sales of about $15 million. Office supplies retailer Staples Inc. has agreed with the Federal Trade Commission to extend the review period for its $6.3 billion takeover of Office Depot Inc. The regulator will decide on the deal by Dec. 8, the companies said.

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