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BRIEF-Parker to acquire filtration company Clarcor in a strategic portfolio transaction
December 1, 2016 / 12:45 PM / a year ago

BRIEF-Parker to acquire filtration company Clarcor in a strategic portfolio transaction

Dec 1 (Reuters) - Parker-hannifin Corp

* Parker to acquire filtration company Clarcor in a strategic portfolio transaction

* Deal expected to be accretive to cash flow, EPS, and EBITDA margins - excluding one-time costs

* Parker will purchase all of outstanding shares of Clarcor for $83.00 per share in cash Source text for Eikon: Further company coverage:

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