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Ingersoll-Rand (IR -2.3%) trades slightly better than the overall market after announcing it...
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Monday, August 8, 2011, 11:40 AM ETIngersoll-Rand (IR -2.3%) trades slightly better than the overall market after announcing it sold a 60% stake in its Hussmann refrigerated display case business to Clayton Dubilier & Rice for around $370M in cash. The company plans to use the money to fund its $2B share repurchase program announced on June 8.
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