MKM Partners Downgrades Gardner Denver Corp. (GDI) to Neutral

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Baird Downgrades Gardner Denver Corp. (GDI) to Neutral

March 8, 2013 10:23 AM EST

Baird downgraded Gardner Denver Corp. (NYSE: GDI) from Outperform to Neutral with a price target of $76.00.

For an analyst ratings summary and ratings history on Gardner Denver Corp. click here. For more... More

KKR to Acquire Gardner Denver (GDI) for $76/Share Cash

March 8, 2013 8:31 AM EST

Gardner Denver, Inc. (NYSE: GDI) and Kohlberg Kravis Roberts & Co. L.P. (NYSE: KKR) announced that the companies have entered into a definitive merger agreement in a transaction valued at approximately $3.9 billion, including the assumption of debt.

Under the terms of the merger agreement, KKR will acquire all of the outstanding shares of... More