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Tuff-Stuff

03/08/13 5:12 AM

#501595 RE: Tuff-Stuff #501594

After a sales process that has dragged on for months, KKR (KKR) has reportedly agreed to acquire Gardner Denver (GDI) for $76 a share, or 2.9% above the latter's closing price of $73.85 yesterday. The deal values the industrial-pumps manufacturer at $3.74B; it would be KKR's third purchase of a company in the industrial sector in the past few years