The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday: ** GrainCorp Ltd on Thursday rejected a sweetened $2.9 billion bid from Archer Daniels Midland Co, putting pressure on the U.S. agribusiness giant to boost its offer for Australia's last major independent grains handler.** Industrial machinery maker SPX Corp has outbid private equity firms competing to purchase Gardner Denver Inc by a wide margin, offering to pay more than $4 billion for the rival, according to two people familiar with the matter.
Gardner Denver, Inc. (Gardner Denver) designs, manufactures and markets engineered industrial machinery and related parts and services. Shares of GDI remained unchanged at $72.98. In the past year, the shares have traded as low as $45.54 and as high as $84.46. On average, 641552 shares of GDI exchange hands on a given day and today's volume is recorded at 0.
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