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SPX Flow (FLOW) says Ingersoll Rand's (IR) proposal significantly undervalues company

Go back to SPX Flow (FLOW) says Ingersoll Rand's (IR) proposal significantly undervalues company

SPX FLOW Remains Focused On Strategic Plan

July 19, 2021 6:01 PM EDT

CHARLOTTE, N.C., July 19, 2021 /PRNewswire/ -- SPX FLOW, Inc. (NYSE: FLOW), a leading provider of process solutions, today confirmed its Board of Directors previously received and rejected an unsolicited, conditional, non-binding proposal from Ingersoll Rand Inc. (NYSE: IR) to acquire all outstanding shares of SPX FLOW common stock for $85.00 per share in cash.

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