Private Equity Giant KKR Offers $3.9 Billion for Gardner Denver
Private equity firm KKR will buy industrial machinery maker Gardner Denver for $3.9 billion including debt.
The offer values Gardner Denver at $76 per share, a premium of 3 percent to the stock's Thursday closing price.
It is 39 percent above what the stock was trading at in late October when the company said it was exploring a sale.
Private equity firm KKR will buy industrial machinery maker Gardner Denver Inc for $3.9 billion including debt. The offer values Gardner Denver at $76 per share, a premium of 3 percent to the stock's Thursday closing price.