Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

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Nov 4 3:59 PM EST

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To: richardred who wrote (1463)	12/27/2006 11:57:45 AM
From: richardred	Read Replies (3) of 7242

This could possibly be another buyer. I regard this as a hot area (PUMPS). Due to world infrastructure building at the Municipal and corporate level. GE is in the water business big. Someone needs to pump it. IDEX Closes on $600M Credit Facility Friday December 22, 12:37 pm ET IDEX Closes on Five-Year, $600 Million Credit Facility to Replace Its Existing Revolver NORTHBROOK, Ill. (AP) -- IDEX Corp., which makes pumps and valves, on Friday said it closed on a $600 million amended credit facility. The five-year, senior revolving credit facility replaces the company's previous $600 million credit facility, which was scheduled to expire on Dec. 14, 2009. IDEX financed the new credit facility through a syndication of 15 financial institutions, co-led by Banc of America Securities LLC and Wachovia Capital Markets LLC. Shares of IDEX lost 30 cents to $46.46 in midday trading on the New York Stock Exchange.

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