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Stock Market & Financial Investment News

News Breaks
July 30, 2014
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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