PMFG
PMFG, Inc.NASDAQ
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  • May 4, 2015, 7:44 AM
    • CECO Environmental (NASDAQ:CECE) agrees to acquire clean energy engineering services provider PMFG for cash and stock valued at $6.85/share (~$150M equity value), a 48% premium to PMFG's closing share price on May 1.
    • CECO says the two companies' products and end markets are highly complementary; combined revenue in environmental, energy and fluid handling totals ~$500M.
    • PMFG shares halted.
    | May 4, 2015, 7:44 AM | 2 Comments