Ingersoll Rand says rival SPX Flow snubs sweetened $3.59 bln buyout bid
Ingersoll Rand said on Monday smaller rival SPX Flow rejected its sweetened $3.59 billion takeover offer that the U.S. industrial equipment maker had proposed to strengthen its foothold in the food and beverage industry. Shares of SPX, which makes components for machinery used by food-and-beverage and industrial companies, surged as much as 30% to a []
Ingersoll Rand says rival SPX Flow snubs sweetened $3.59 bln buyout bid
Ingersoll Rand said on Monday smaller rival SPX Flow rejected its sweetened $3.59 billion takeover offer that the U.S. industrial equipment maker had proposed to strengthen its foothold in the food and beverage industry. Shares of SPX, which makes components for machinery used by food-and-beverage and industrial companies, surged as much as 30% to a []