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Stock Market & Financial Investment News

News Breaks
December 21, 2012
14:29 EDTGDI, SPWGardner Denver drops after Reuters says talks end with SPX
Shares of Gardner Denver (GDI) are falling after Reuters reported the company's takeover talks with SPX Corp. (SPX) have ended. Gardner Denver asked private equity firms that made offers for the company for meetings early next month, Reuters added. Shares of Gardner Denver (GDI) are down 10%, or $7.64, to $67.90 following the report, while SPX Corp. rose 2% to $66.41.
News For GDI;SPW From The Last 14 Days
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April 11, 2014
08:31 EDTSPWSPX Corp. announces sale of SPX Precision Components
SPX Corporation announced it has completed the sale of its Precision Components business to RFE Investment Partners and 24/6 Capital Partners for approximately $62M. Precision Components is an aerospace and defense manufacturer that provides engineered components and other parts to military and civilian aircraft programs. In SPX's most recent financial filings, the results of Precision Components were reported as discontinued operations for all periods presented. Loop Capital Markets LLC acted as a financial advisor to SPX on the transaction.

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