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Filed: 2026-08-04 AccNo: 0001104659-26-090398 Size: 192 KB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
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Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces that its wholly-owned subsidiary, Southern Maryland Cable Inc. ("SMC"), has completed the acquisition of ValCor Communications,
Read original at benzingaFollowing the announcement of its proposed merger with WDP, Standard & Poor's has placed ARGAN's BBB- credit rating on CreditWatch with positive outlook, signaling a potential upgrade of at least one notch. S&P cited the merger's expected benefits including increased size, strengthened rental income profile, expanded geographic diversification, and reduced client concentration risk, positioning the combined entity as a European logistics real estate leader.
Read original at globenewswire-incFollowing ARGAN's proposed merger with WDP announced on July 23, 2026, Standard & Poor's has placed ARGAN's 'BBB-' issuer credit rating on Positive CreditWatch, indicating a potential upgrade to 'BBB' upon merger completion in Q1 2027. The combined entity would benefit from increased scale, geographic diversification, reduced tenant concentration risk, and a stronger financial profile.
Read original at globenewswire-inc