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Soapy Bubbles

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Soapy Bubbles

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Tuesday, 06/28/2011 12:40:29 PM

Tuesday, June 28, 2011 12:40:29 PM

Post# of 48
Share REPURCHASE

ITW Releases Reclassification of Historical Results for Discontinued Operations; Company Announces $550 million of Share Repu...
ITW (NYSE:ITW)
Intraday Stock Chart

Today : Tuesday 28 June 2011
Click Here for more ITW Charts.

As previously announced, Illinois Tool Works Inc. (NYSE: ITW) entered into a definitive agreement in April 2011 to sell its finishing group of businesses to Graco Inc. The finishing businesses' revenues were approximately $305 million in 2010. Additionally, the Company approved plans to divest a consumer packaging business and an electronics business, which had combined 2010 revenues of approximately $100 million. Accordingly, the Company has reclassified the results of these businesses, as well as two other businesses previously exited, to discontinued operations

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