Joined Nov 11, 2007
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KKR Acquires $GDI for $3.9 Billion


“(Reuters) – Private equity firm KKR & Co LP (KKR.N) will buy industrial machinery maker Gardner Denver Inc (GDI.N) for $3.9 billion including debt.

The offer values Gardner Denver at $76 per share, a premium of 3 percent to the stock’s Thursday closing price.

It is 39 percent above what the stock was trading at in late October when the company said it was exploring a sale.”

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