Market Overview

SKF To Acquire General Bearing For $125M

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SKF AB (OTC: SKFRY) announced its plans to buy General Bearing Corp (OTC: GNRL) for about $125 million on a cash and debt-free basis.

SKF shares closed at $24.51 on Friday, while GNRL shares closed at $24.00 on Friday.

Posted-In: merger and acquisitionNews M&A

 

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