SUBSEQUENT EVENTS |
3 Months Ended |
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Mar. 31, 2016 | |
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| SUBSEQUENT EVENTS |
18. SUBSEQUENT EVENTS
On May 2, 2016, TC purchased a manufacturing plant from BASF adjacent to TC’s facility which will be integrated into TC’s current operations. This acquisition was made to expand TC’s capabilities. The purchase price was not significant to the consolidated financial statements. We will provide additional information once we complete our accounting for the acquisition in our Form 10-Q for the six months ended June 30, 2016.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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