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Mirion To Acquire Paragon Energy Solutions, one of the Leading Providers of Highly Engineered Solutions for Large-scale Nuclear Power Plants and Small Modular Reactors (SMRs) in the United States

1. Mirion agrees to acquire Paragon Energy Solutions for $585 million. 2. This acquisition strengthens Mirion's position in the nuclear power industry.

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FAQ

Why Bullish?

Acquisitions typically signal growth potential, especially in strategic markets. Past examples show positive stock responses in similar cases.

How important is it?

The acquisition could significantly increase Mirion's market share and capabilities in a specialized field.

Why Long Term?

The acquisition is likely to enhance Mirion's revenue streams and competitive advantage over time, similar to other successful integrations.

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ATLANTA--(BUSINESS WIRE)--Mirion (“we” or the “company”) (NYSE: MIR), a global provider of radiation detection, measurement, analysis, and monitoring solutions to the nuclear, medical, defense, and research end markets, has entered into a definitive agreement to acquire Paragon Energy Solutions (“Paragon”), one of the leading providers of highly engineered solutions for the nuclear power industry, from Windjammer Capital Investors for approximately $585 million in cash. “I look forward to welco.

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