Lindsay Corporation(LNN)- NYSE
  • Nov. 5, 2014, 7:29 AM
    • Lindsay (NYSE:LNN) has entered into a definitive agreement to acquire Elecsys (NASDAQ:ESYS) for $17.50 per share in cash, for a total purchase price of approximately $70.5M. The parties are targeting a January 2015 closing.
    • The agreement has been unanimously approved by both the Lindsay and Elecsys boards of directors.
    • Upon closing of the transaction, Elecsys will become a wholly owned subsidiary of Lindsay and will continue to be operated by the company’s current management team.
    • ESYS +80.2% premarket
    | Nov. 5, 2014, 7:29 AM
  • Aug. 16, 2013, 4:24 PM
    • Lindsay Corporation (LNN) buys filtration solutions company Claude Laval Corporation, also known as LAKOS.
    • LAKOS has annual revenues of $25-30M.
    • LNN CEO Rick Parod says there "is a very direct synergy between LAKOS filtration solutions and LNN's water and irrigation markets." (PR)
    | Aug. 16, 2013, 4:24 PM
Company Description
Lindsay Corp. provides proprietary water management and road infrastructure products and services. It operates its business through the Irrigation and Infrastructure segments. The Irrigation segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation... More
Industry: Farm & Construction Machinery
Country: United States