Williams Scotsman uses existing loan to fund relocatable classroom acquisition

By Sara Rosenberg

New York, March 29 - Williams Scotsman Inc. used available funds under its credit facility to fund the approximately $43.5 million acquisition of 3,800 relocatable classroom units in California from GE Modular Space, according to an 8-K filed with the Securities and Exchange Commission on Monday.

Williams Scotsman is a Baltimore-based maintainer of mobile office and storage unit lease fleets.

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