Wednesday, Oct 22, 2014
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SeenTheLight1 - Despite record yields for farmers, Titan\'s Taylor sees down year for tires in 2015 - Quincy, IL New
Please re-read the article... it said a FLAT year. That means no expected growth and no expected losses.So spectulating and crying doom is very premature.
ONCEMORE1 - Illinois Early Voting starts: Cook County ballot box tries to cast GOP votes for Democrats - Quincy,
"After extensive testing, the machine was found to be performing as intended", Scalzitti went on to say..........;)
1950Brutus - Despite record yields for farmers, Titan\'s Taylor sees down year for tires in 2015 - Quincy, IL New
Layoffs probably inevitable but speculating on a move out of state or country is premature. As for your other questions I would refer you to Rosanne Rosanadanna - her first response would be "You sure ask a lot of questions for somebody from New Jersey". Sorry to the youngens out these who weren't exposed to Rosanne - very funny stuff.
Stupid_Dems - Strawman: I Trusted The President...... - Quincy, IL News - QuincyJournal.com
Seriously? This article is like saying the sun will come up in the morning! Hell yes he's a liar. End of discussion! Move along nothing to see!
ONCEMORE1 - Illinois Early Voting starts: Cook County ballot box tries to cast GOP votes for Democrats - Quincy,
Yep, calibration----that's what it is. Calibrated to elect the Dimmokrat NO MATTER WHAT!!

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Gardner Denver to pay $29 million to settle suit by former shareholders

Gardner Denver to pay $29 million to settle suit by former shareholders

2 months, 4 weeks ago Reuters

Shareholders sued Gardner Denver, its board and KKR, saying the sale price was too low

From Reuters:

Gardner Denver has agreed to pay $29 million to its former shareholders to settle allegations the industrial pumps producer was undervalued in its $3.7 billion sale last year to private equity firm KKR & Co, according to court documents.

The settlement, reached after two days of mediation in Chicago earlier this month, was filed on Friday in a Delaware court and must still be approved by a judge.

Shareholders sued Gardner Denver, its board and KKR, saying the sale price was too low.

The shareholders accused KKR of tainting the sale process by hiring Gardner Denver's former chief executive officer, Barry Pennypacker, shortly after he resigned in July 2012. KKR, the shareholders alleged, "improperly obtained confidential information from Pennypacker" that informed KKR's bid.

Lawsuits typically follow merger and acquisitions, but most of them are dismissed or settled for no additional money.

A spokeswoman for KKR said the firm does not comment on litigation.

Click Here to Read Full Article


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