Clarcor (CLC) volatility low into acquiring Parker-Hannifin (PH) for approximately $4.3B in cash
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Clarcor (NYSE: CLC) December call option implied volatility is at 21, January is at 26; compared to its 52-week range of 19 to 43 into Parker-Hannifin (NYSE: PH) acquiring for $83 per share.
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