American Tower Acquires Iron, Steel

American Tower Corporation has announced its merger with Kline Iron & Steel Company Inc. American Tower, which had owned one-third of Kline at the time of the merger, acquired the remaining two-thirds of the company in a stock and cash transaction.
Steve Dodge, CEO of American Tower, said, “As a customer and as an investor, we have admired Kline’s orientation to quality and the company’s track record for taking on complex broadcasting projects and delivering [on them].”
“Our vision is to grow,” said Jerry Kline, president and CEO of Kline. “This vision is best met by merging the talents and resources of Kline Iron & Steel Company Inc. with American Tower.”
For more information contact American Tower Corporation in Massachusetts (617) 375-7500, fax (617) 375-7575 or visit the Website www.americantower.com
– b.m. Cox