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Friday, August 2, 2013

Crane lowers bid for MEI to $804 million

... it has lowered its proposed purchase price for MEI Conlux Holdings to $804 million from a earlier $820 million. Stamford, Conn.-based Crane (NYSE: CR) in December agreed to buy MEI from private equity firms Bain Capital and Japan-based Advantage ...

http://www.bizjournals.com/newyork/news/2013/08/02/crane-lowers-bid-for-mei-to-804-million.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+vertical_49+%28Manufacturing+Industry+News%29

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