Wednesday, July 6, 2016

Melrose, U.K. Turnaround Specialist, Buys Nortek for $1.44 Billion

Melrose agreed to acquire Nortek., the Rhode Island-based manufacturer of cooling and heating systems for homes and offices, in a $1.44 billion cash deal which it will finance by issuing new stock.

from WSJ.com: US Business http://ift.tt/29gyO8Y
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