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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (1464)1/23/2007 12:24:53 AM
From: richardred  Respond to of 7242
 
Gabelli & Company, Inc.'s 17th Annual Pump, Valve & Motor Symposium
Monday January 22, 10:30 am ET

RYE, N.Y.--(BUSINESS WIRE)--Gabelli & Company, Inc. will host its 17th Annual Pump, Valve & Motor Symposium, February 7-8, 2007, at The Helmsley Hotel in New York City (212 E 42nd St.). This two-day research conference will include interactive presentations from several leading manufacturers and suppliers of engineered pumps and valves, industrial instruments & precision motors. Institutional investors should contact their salesperson for more information or to register.

Presenting Companies

AMETEK, Inc. (NYSE - AME) IDEX Corp (NYSE - IEX)
A.O. Smith (NYSE - AOS) ITT Industries (NYSE - ITT)
Baldor Electric (NYSE - BEZ) Nordson Corp. (NASDAQ-NDSN)
CIRCOR Intl. (NYSE - CIR) Pentair, Inc. (NYSE - PNR)
Crane Co. (NYSE - CR) Regal-Beloit (NYSE - RBC)
EnPro Industries (NYSE - NPO) Robbins & Myers, Inc. (NYSE - RBN)
Flowserve Corp (NYSE - FLS) Roper Industries (NYSE - ROP)
Graco Inc. (NYSE - GGG) Watts Water Tech (NYSE - WTS)

Gabelli & Company, Inc., an institutional research and brokerage firm, is a subsidiary of GAMCO Investors, Inc. (NYSE: GBL - News).

© 2007 Gabelli & Company, Inc. - All rights reserved.
biz.yahoo.com



To: richardred who wrote (1464)3/7/2007 1:35:26 PM
From: richardred  Respond to of 7242
 
S&P Lowers Pentair Outlook to 'Negative'
Wednesday March 7, 12:52 pm ET
S&P Lowers Outlook on Pentair to 'Negative' From 'Stable' After Acquisition Announcement

NEW YORK (AP) -- Standard & Poor's Ratings Services on Wednesday lowered its outlook on Pentair Inc. to "negative" from "stable" the day after the maker of pumps and pool equipment announced a $225 million acquisition that could stress its credit profile.

S&P also affirmed its "lower medium grade," or "BBB," credit ratings on Pentair, which on Tuesday said it planned to buy privately held Porous Media, a maker of filtration and separation products. The deal is expected to close in the second quarter.

"The outlook revision reflects the additional leverage and stress on credit metrics that will result from the recently announced acquisition," S&P credit analyst Dan Picciotto said in a release.

Shares of Golden Valley, Minn.-based Pentair added 18 cents to $30.18 in afternoon trading on the New York Stock Exchange.

biz.yahoo.com

Pentair to buy Porous Media for $225M
Tuesday March 6, 1:38 pm ET

Pentair Inc. said Tuesday it plans to buy Porous Media for about $225 million.

Pentair said the acquisition of the St. Paul-based maker of filtration and separation products will cut its 2007 profit by 3 to 4 cents per share.

Randall J. Hogan CEO of Golden Valley-based Pentair (NYSE: PNR - News), said in a press release that Porous Media's filtration and separation technologies, especially its oil-separation products, will help Pentair to expand in markets outside of North America. Pentair sells products and systems used worldwide in the movement, treatment and storage of water.

The deal is expected close in the second quarter.

Published March 6, 2007 by the Minneapolis / St. Paul Business Journal
biz.yahoo.com



To: richardred who wrote (1464)9/27/2007 12:09:49 AM
From: richardred  Respond to of 7242
 
Wilden Acquires Griswold Pump
Wednesday September 26, 3:17 pm ET

GRAND TERRACE, Calif., Sept. 26 /PRNewswire-FirstCall/ -- Wilden Pump and Engineering LLC announced today that it has completed the acquisition of Griswold Pump Company, a manufacturer of centrifugal pumps and peripheral products based in Thomasville, Georgia. With the acquisition of Griswold, Wilden, an operating company within Dover Corporation, will have annualized sales in excess of $140 million. Griswold manufactures ANSI centrifugal pumps for use in the petroleum, petrochemical, wastewater, pulp and paper industries using a fast and flexible business model which features rapid time to market and a significant price advantage when compared to its major competitors.

"The Griswold acquisition increases our 'slice of the pie' for the pump industry in general," stated John D. Allen, President of Wilden Pump. "In today's business environment, fast and flexible is a compelling differentiator." Dale Pavlovich, departing Griswold President, stated that, "Wilden and Dover's operating style should continue the legacy of Griswold with excellent results." Darren McGuire, Wilden's current Director of Marketing, has been selected to serve as Griswold's new Managing Director effective immediately. Wilden, whose revenue from international operations exceeds 60%, also has locations in Dusseldorf, Shanghai, and Chennai. International growth will be a highlighted area in Griswold's strategic plan going forward. Wilden will utilize its extensive network of distributors when introducing the Griswold line to a worldwide market.

Wilden Pump & Engineering, LLC is the world's largest manufacturer of air operated, double diaphragm pumps. Wilden is owned by Dover Corporation, a Fortune 500 industrial manufacturer (NYSE: DOV - News).

Source: Wilden Pump and Engineering LLC
biz.yahoo.com