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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Ford Investor Services, Inc.
Provider: Wright Reports

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Hardinge Inc sells swiss workholding business

Thursday, 26 Dec 2013 04:05pm EST 

Hardinge Inc:Says the sale of its Swiss Forkardt workholding operations for initial consideration of about $5.9 million, net of cash remaining with the business.Says after a comprehensive sales process, the bidder was a private group that was led by management of the Swiss Forkardt business.Says the agreement includes a mutual two-year non-compete clause and the requirement that the Swiss operation discontinue use of the Forkardt brand after 12 months. 

Company Quote

27 Jul 2015