• Aug. 5, 2015, 10:07 AM
    • Tecumseh Products (TECU +152.5%) agrees to be acquired by an affiliate of Mueller Industries (MLI +1.3%) and Atlas Holdings in a transaction valued at ~$123M, including the assumption of debt.
    • The $5/share cash offer price represents a 155% premium over yesterday's TECU closing price.
    • TECU says the proposed deal would bring together its global footprint and market-leading positions with new owners who will contribute market expertise and capital.
    Aug. 5, 2015, 10:07 AM