Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

After a sales process that has dragged on for months, KKR (KKR) has reportedly agreed to acquire...

  • Friday, March 8, 2:41 AM ET
    After a sales process that has dragged on for months, KKR (KKR) has reportedly agreed to acquire Gardner Denver (GDI) for $76 a share, or 2.9% above the latter's closing price of $73.85 yesterday. The deal values the industrial-pumps manufacturer at $3.74B; it would be KKR's third purchase of a company in the industrial sector in the past few years.
Track new comments on this story

This news story has 2 comments:

  •  
    Good. This is an important investment for us. We plan to support the deal.
    8 Mar, 08:17 AM Reply Like
  •  
    GDI does NOT trade up to $76 or even high 75: what is your strategy if you hold Call 67 or Call 70 ??? Exercise ?
    10 Mar, 10:59 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Articles on Financials
More Latest Articles »