HALISTER: Parker Hannifin to Buy Clarcor for $83-Share Cash

Parker Hannifin to Buy Clarcor for $83-Share Cash

(Bloomberg) -- Deal represents premium ~18% to Nov. 30 close.
  • PH sees deal adding to cash flow, EPS and Ebitda margins excluding one-time costs; will host call 8:30am
Statement To contact the reporter on this story: Arie Shapira in New York at ashapira3@bloomberg.net
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
CLC US (CLARCOR Inc)
PH US (Parker-Hannifin Corp)

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