United States

Ametek Inc (AME)

AME on New York Consolidated

24 Apr 2017
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$1.74 (+3.17%)
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Mon, Apr 17 2017

BRIEF-Mocon will be required to pay Ametek termination fee of $5.6 mln upon termination of merger

* Mocon Inc - upon termination of merger agreement under specified circumstances, Mocon will be required to pay Ametek a termination fee of $5.6 million. Source text for Eikon: Further company coverage:

BRIEF-Ametek to acquire Mocon

* Mocon Inc - aggregate enterprise value of transaction is approximately $182 million

BRIEF-Ametek acquires Rauland-Borg Corporation

* Says Rauland-Borg was acquired for $340 million, plus a potential contingent payment of $30 million

BRIEF-Ametek posts Q4 adj. earnings per share $0.58

* Q4 earnings per share view $0.58 -- Thomson Reuters I/B/E/S

BRIEF-Ametek Q3 earnings per share $0.56

* says continue to expect 2016 sales to be down low-single digits with organic sales down mid-single digits on a percentage basis versus 2015

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