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

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.
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Comments (2)
  • Chris DeMuth Jr.
    , contributor
    Comments (6268) | Send Message
     
    Good. This is an important investment for us. We plan to support the deal.
    8 Mar 2013, 08:17 AM Reply Like
  • alexcampbello
    , contributor
    Comments (289) | Send Message
     
    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 2013, 10:59 PM Reply Like
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