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News Summary: Gardner Denver agrees to $3.73B sale

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THE DEAL: Industrial pump maker Gardner Denver Inc. has agreed to sell itself to Kohlberg Kravis Roberts & Co. for about $3.73 billion. The New York-based investment firm will acquire the Wayne, Pa.-based company for $76 per share. HEFTY PREMIUM: The price represents a 39 percent premium over Gardner Denver's closing stock price on Oct. 24, the day before it announced it was exploring a...

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