Gardner Denver, Inc. (GDI) Tops Q1 EPS by 4c, Revenues Beat; Affirms FY19 Adj. EBITDA Outlook

Gardner Denver (GDI) to Merge with Ingersoll-Rand's (IR) Industrial Segment

Gardner Denver Holdings, Inc. (NYSE: GDI) and Ingersoll-Rand plc (NYSE: IR) today announced that they have entered into a definitive agreement pursuant to which Ingersoll Rand will separate its Industrial segment by way of a spin-off to Ingersoll Rands shareholders and then combine it with Gardner Denver, creating a global leader in mission-critical flow creation and industrial technologies. The HVAC and transport refrigeration assets of the current Ingersoll Rand will become a pure play global leader in climate control solutions for buildings, homes and transportation.

IndustrialCo... More

Pre-Open Stock Movers 04/29: (GDI) (CYOU) (IR) Higher; (VNE) (MOMO) (QSR) Lower (more...)

Today's Pre-Open Movers

Veoneer, Inc. (NYSE: VNE) 17.9% LOWER; Consolidated Net Sales $494 million; Net Sales growth (17)%, Organic Sales1 growth (12)%; Active Safety Net Sales growth (10)%, Organic Sales1 growth (3)%

Gardner Denver, Inc. (NYSE: GDI) 15.9% HIGHER; is near a deal to merge with a unit of Ingersoll-Rand (NYSE: IR), the Wall Street Journal reported late Sunday. The deal would create the second largest maker of pumps and compressors.

Changyou.com (NASDAQ:... More

Gardner Denver to merge with Ingersoll-Rand division: WSJ

(Reuters) - Industrial machinery maker Gardner Denver Holdings Inc is nearing a deal to merge with a division of Ingersoll-Rand Plc, creating a business that would have an enterprise value, including debt, of about $15 billion, The Wall Street Journal reported on Sunday.

The deal, which could be... More

Gardner Denver (GDI) Near Deal to Merge with Ingersoll-Rand (IR) Unit - WSJ

Gardner Denver, Inc. (NYSE: GDI) is near a deal to merge with a unit of Ingersoll-Rand (NYSE: IR), the Wall Street Journal reported late Sunday. The deal would create the second largest maker of pumps and... More