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Earnings Announcements, Mergers / Acquisitions

Spx Flow To Be Acquired By Lone Star For $86.50 Per Share In Cash

Published: 12/13/2021 11:41 GMT
SPX FLOW Inc (FLOW) - Spx Flow to Be Acquired by Lone Star for $86.50 per Share in Cash.
Spx Flow Inc - in an All-cash Transaction Valued at $3.8 Billion, Including Assumption of Debt.
Spx Flow Inc - As a Condition to Transaction, Spx Flow Has Agreed to Suspend Payment of Its Quarterly Dividend, Effective Immediately.
Spx Flow Inc - Transaction Was Unanimously Approved by Spx Flow Board of Directors.
Spx Flow Inc - Spx Flow Will Become a Privately Held Company and Spx Flow's Shares Will No Longer Trade on New York Stock Exchange.
Revenue is expected to be $399.55 Million
Adjusted EPS is expected to be $0.94

Next Quarter Revenue Guidance is expected to be $382.25 Million
Next Quarter EPS Guidance is expected to be $0.75

More details on our Analysts Page.