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Stock Market & Financial Investment News

News Breaks
January 30, 2013
06:12 EDTGGGGraco downgraded to Neutral from Buy at Janney Capital
Janney downgraded Graco due to valuation. Price target is $58.
News For GGG From The Last 14 Days
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October 16, 2014
10:01 EDTGGGOn The Fly: Analyst Initiation Summary
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07:29 EDTGGGGraco initiated with an Outperform at William Blair
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October 14, 2014
07:04 EDTGGGGraco initiated with a Buy at Wunderlich
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October 13, 2014
10:08 EDTGGGOn The Fly: Analyst Upgrade Summary
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07:34 EDTGGGGraco upgraded at Oppenheimer
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06:52 EDTGGGGraco upgraded to Outperform from Perform at Oppenheimer
October 8, 2014
08:09 EDTGGGCarlisle to host conference call
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08:06 EDTGGGGraco to sell liquid finishing business assets for $590M to Carlisle
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08:02 EDTGGGCarlisle acquires Graco Finishing Brands assets
Carlisle (CSL) announced the signing of a definitive agreement to purchase from Graco (GGG) and its subsidiary Finishing Brands their held separate liquid finishing business assets a $590M cash transaction. The Liquid Finishing Brands business is currently being held separate from Graco’s other businesses pursuant to an order of the U.S. Federal Trade Commission and Graco is required to sell the business within 180 days after entry of the FTC’s final divestiture order, which occurred on October 6. The transaction is expected to be accretive to Carlisle in the first year. Carlisle will include Liquid Finishing Brands in a new industry segment named Carlisle Fluid Technologies. The acquisition is subject to FTC and other regulatory approvals and certain other closing conditions.

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