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Illinois Tool Works Nabs Enodis
May 14, 2008
1 Min Read
Enodis plc has accepted a $2.3 billion buyout offer from Illinois Tool Works, Inc., declining an earlier $2.1 billion offer from Manitowoc Co., Inc. Any buyout of Enodis would have to receive regulatory approval in the United Kingdom and U.S., as well as shareholder approval.
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