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ONCEMORE1 - Votes for Republicans switched to Democrats in Moline - Quincy, IL News - QuincyJournal.com
This goes well beyond the "hanging chad" debacle, this is a deliberate effort to weight the results in favor of the Democrats. The size of the target on a touchscreen is easily manipulated so that if the D spot is half or most of the screen and the R spot is a tiny area of the actual "sweet spot", the results are controlled by the administrator and not the voter-------who just "happens" to be…
ONCEMORE1 - Mid-America Port Authority pledged $1.3 million from Illinois - Quincy, IL News - QuincyJournal.com
If there was a chance in Hell your Third-Party candidate might actually win, I'd be right there with you, but you have to face the fact there ISN"T. Why is it that the typical Third Party frontrunner, usually Libertarian, shares many ideals with the Republican Party, siphons votes away from the Republicans and even receives support from the DNC and Unions to do so? The folly in…
qfingers - Business owners split over minimum wage votes - Quincy, IL News - QuincyJournal.com
Jarosch above inadvertently elucidated the reason why minimum wage is BAD. He says people would leave his store to work somewhere with higher wage....but when everybody pays minimum wage there are no other high-paying jobs. If you get rid of minimum wage businesses would pay what people are willing to work for and wages would vary...some up...some down...and overall employment would increase.
Realist79 - Strawman: We\'re Looking at 2012 All Over Again...... - Quincy, IL News - QuincyJournal.com
Who wants to be a part of anything negative? That's exactly why people don't care about who is elected. Because no matter who is in charge, people will bash them on here, on Fox News, on MSNBC and everywhere else. The worst thing that can happen to the average voter is to hear nothing but a one sided opinion.
qfingers - Strawman: We\'re Looking at 2012 All Over Again...... - Quincy, IL News - QuincyJournal.com
Your "take a picture' idea isn't bad...except all the voting authorities would want lots of $$ to implement it. Though we might be getting close to having a website (like Facebook) who's already doing facial recognition and could offer a "recognize" function that you could put in surrounding zip codes or such and look for a match.

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KKR reaches deal to buy Gardner Denver

KKR reaches deal to buy Gardner Denver

1 year, 7 months ago by Bob Gough

Private-equity firm buys company founded in Quincy for $76 a share; Deal expected to close in in the 3rd quarter of 2013

UPDATED

From Reuters:

Private equity firm KKR & Co LP (KKR.N) will buy industrial machinery maker Gardner Denver Inc (GDI.N) for $3.74 billion, four months after the company put itself up for sale.

KKR's offer of $76 per share is at a premium of 3 percent to Gardner Denver's Thursday closing price on the New York Stock Exchange. It is 39 percent above what the stock traded at in late October when the company said it was exploring a sale.

Gardner Denver, which makes compressors, pumps and vacuum products for industrial uses, decided to put itself up for sale following months of pressure from activist investor ValueAct Capital LLC, which reported a roughly 5 percent stake in July 2012.

From quincyjournal.com: Gardner Denver CEO Michael Larsen sent an e-mail to Gardner Denver's 6,400 employees this morning. Here is part of it:

"We are excited about this transaction with KKR as it recognizes the value of the highly respected brand that together we have spent so many years
building, as well as the progress we have made executing our dynamic growth strategy.  We are confident that as a private company, we will be
well-equipped to capitalize on opportunities in the recovering global markets, particularly in energy, and favorable long-term industry trends.
KKR has great respect for our company, shares our confidence in our future and is committed to continuing the Gardner Denver Way.  KKR also recognizes the importance of our employees and your engagement in the business as critical success factors.  This transaction with KKR will offer Gardner Denver employees the opportunity to be part of an experienced, robust organization with the depth of expertise that is required to sustain
success and remain on the cutting edge of our sector."


Click here for more.

Reported Thursday night From wsj.com:

KKR  & Co. has reached a deal to buy industrial-pumps manufacturer Gardner Denver Inc. for $76 a share, said a person familiar with the matter.

The New York private-equity firm and Gardner Denver are expected to make the announcement as soon as Friday, the person said.

The deal values Gardner Denver at roughly $3.74 billion. Its shares closed at $73.85 in 4 p.m. composite trading Thursday on the New York Stock Exchange, giving the company a market capitalization of about $3.63 billion.

KKR's board was meeting late Thursday night to approve the deal, the person said.

KKR had bid $75 a share for the Wayne, Pa.-based company in February and increased the offer after Gardner Denver sought a higher price.

Click here for more.


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@thinkprogress Way to ignore most of the segment because that's not how it went at all.
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RT @Daniel M. Makarewicz: Still can't believe Paz is gone, but this is a nice touch by the Amboy community #RIP http://t.co/2RNlvE3gir