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Strategies & Market Trends : Speculating in Takeover Targets
CTG 8.530-1.7%11:38 AM EDT

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From: E_K_S9/3/2019 8:43:47 AM
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Emerson acquires product lines from Circor
Sep. 3, 2019 8:25 AM ET|About: Emerson Electric Co. (EMR)|By: Yoel Minkoff, SA News Editor

Emerson (NYSE: EMR) has acquired the Spence and Nicholson product lines from Circor International (NYSE: CIR).

The acquisition, valued at $84.5M in cash, complements Emerson’s broad portfolio of steam system solutions for process industries and commercial buildings.
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