Analyst Research

Report Title Price
Provider: Stock Traders Daily
Provider: New Constructs, LLC
Provider: Thomson Reuters Stock Report
Provider: MarketLine (a Datamonitor Company)

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

SPX Corp Closes In On $4.2 Billion Gardner Denver Inc Deal-Reuters

Tuesday, 18 Dec 2012 10:16pm EST 

Reuters reported that SPX Corp is closing in on a roughly $4.2 billion deal to buy rival Gardner Denver Inc as it makes progress in securing financing. A deal could value Wayne, Pennsylvania-based Gardner Denver at about $85 per share. Gardner Denver's shares closed at $73.68 on December 18, 2012. SPX has a market value of $3.23 billion, compared to $3.62 billion for Gardner Denver. SPX's financial advisor Credit Suisse Group AG has been joined by Bank of America Corp and JPMorgan Chase & Co in efforts to raise debt for the deal, on condition of anonymity because the talks are confidential. A Gardner Denver spokesman declined to comment while SPX did not immediately respond to a request for comment. Credit Suisse, JPMorgan and Bank of America declined to comment. 

Company Quote

0.84 +0.81%
21 Aug 2014