

In 1931, Montelius linked with financier Bengt Ingestrom and formed Aktiebolaget IMO-Industri, taking the name IMO from their own names Ingestrom and Montelius. KKR to take machinery maker Circor private in $1.About Imo Pump Founded in 1931, purchased by Circor in 2017ĭuring what he later described as a "boring night at a factory test room", Carl Montelius sketched out an idea for a pump with three intermeshing screws, rotating in a manner that would make them mutually sealing.Ī respected Swedish engineer with 60 patents already to his credit (including the first pay telephone), Montelius regarded the interesting rotors as an amusing intellectual puzzle, working almost every evening during 1923 to develop the mathematical algorithms of the threads. KKR Buying CIRCOR in $1.6 Billion Take-Private Deal Sector Update: Financial Stocks Declining Monday Afternoon


Sector Update: Financial Stocks Falling Late Monday Industrials Down After Mixed Economic Data - Industrials Roundup KKR to take Circor private in sweetened $1.7 bln deal KKR sweetens Circor offer again in bidding war with ArclineĪrcline Investment Management LP cancelled the acquisition of CIRCOR International, Inc.ĬIRCOR Shares Rise After $57-Per-Share Buyout Offer From Arcline Investment ManagementĬIRCOR International Receives $57-per-Share Takeover Offer From Arcline Investment ManagementĪrcline proposes to buy CIRCOR International for $57/shareĬIRCOR INTERNATIONAL SHARES UP 9.5% AFTER ARCLINE INVESTMENT PRO…Īrcline Investment Management LP signs a binding proposal to acquire CIRCOR International, Inc.ĬIRCOR Amends Merger Agreement With KKR to Reflect Increased Deal ConsiderationĬIRCOR International Accepts Improved $1.7 Billion Merger Proposal From KKR Sector Update: Financial Stocks Gain Pre-Bell FridayĬIRCOR International Enters Amended Merger Agreement With KKR Prior results do not guarantee a similar outcome.Ĭontact Information: Halper Sadeh LLC Daniel Sadeh, Esq. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.Īttorney Advertising. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
IMO PUMP FREE
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. If you are a CIRCOR shareholder, click here to learn more about your rights and options. (NYSE: CIR)'s sale to investment funds managed by KKR for $56.00 per share in cash. If you are an Arlington Asset shareholder, click here to learn more about your rights and options. Upon the closing of the proposed acquisition, Arlington stockholders are expected to own approximately 15% of the combined company's stock. Under the terms of the merger agreement, (i) each share of Arlington common stock will be converted into 0.3619 shares of Ellington common stock, and (ii) Arlington common stockholders will also receive $0.09 per share. (NYSE: AAIC)'s sale to Ellington Financial Inc. If you are a Wireless Telecom shareholder, click here to learn more about your rights and options. (NYSE: WTT)'s sale to Maury Microwave, Inc. If you are a PDC shareholder, click here to learn more about your rights and options. (NASDAQ: PDCE)'s sale to Chevron Corporation for 0.4638 shares of Chevron for each PDC share.
