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Stock Market & Financial Investment News

News Breaks
November 30, 2012
11:31 EDTDOVDover acquires Anthony International for $602.5M
Dover Corporation announced that it has acquired Anthony International, a manufacturer of specialty glass, commercial glass refrigerator and freezer doors, lighting systems, and display equipment for $602.5M, subject to normal closing adjustments. Anthony will join the Refrigeration and Industrial platform of Dover's Engineered Systems segment. Anthony's 2012 revenue is estimated to be approximately $310M. Dover expects this acquisition to be 2c dilutive to 2012 continuing earnings per share due to integration and acquisition related costs. In 2013, Anthony will be modestly accretive to continuing earnings per share, Dover said.
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July 30, 2014
17:57 EDTDOVDover acquires The WellMark Company from Platte River Equity
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17:25 EDTDOVDover acquires WellMark
Dover announced that its energy segment has acquired The WellMark Company headquartered in Oklahoma City, Oklahoma. WellMark is a leading manufacturer of valves, instrumentation and chemical injection pumps serving the oil and gas industry. The company also announced that WellMark will be merged with Norriseal, a long standing business within the Energy segment. WellMark expects to generate revenue of approximately $55M in 2014. Terms of the transaction were not disclosed.

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