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Simpson Buys Swan Secure Products

Maker of connectors and venting systems purchased Swan for $43.5 million.

PLEASANTON, Calif. (AP) - Simpson Manufacturing Co., which makes connectors and venting systems, said Monday it bought Swan Secure Products Inc. for about $43.5 million.

Simpson said it bought all of Swan's stock. Swan distributes fasteners.

Shares of Simpson rose 7 cents to $32.16 in after-hours trading after falling 70 cents to close at $32.09.

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