Private equity firm KKR & Co LP will purchase 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.
Gardner Denver, Inc. (Gardner Denver) designs, manufactures and markets engineered industrial machinery and related parts and services. Shares of GDI remained unchanged at $73.85. In the past year, the shares have traded as low as $45.54 and as high as $76.57. On average, 1336840 shares of GDI exchange hands on a given day and today's volume is recorded at 541098.
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