Parker-Hannifin to acquire filtration maker CLARCOR for $4.3 billion

Parker-Hannifin agreed to acquire CLARCOR, a Franklin, Tennessee filtration manufacturer, for $83.00 per share in cash. The deal values CLARCOR at about $4.3 billion including net debt.

“Parker will acquire CLARCOR for approximately $4.3 billion in cash, including the assumption of net debt.”investors.parker.com

• 2 sources
• investors.parker.comParker to Acquire Filtration Company CLARCOR in a Strategic Portfolio Transaction :: Parker-Hannifin Corporation (PH)Dec 1, 2016
• sec.govCLARCOR INC. Form 8-K filed December 1, 2016Dec 1, 2016

Summarized from public sources; check the original articles before acting on it.