Want to join the conversation?
$TKR, a leader in tapered roller bearings, said it has acquired Lovejoy, Inc., a manufacturer of premium industrial couplings and universal joints, for approx. $66MM. For the 12 months ending March 31, 2016, Lovejoy sales were approx. $56MM. $TKR said this acquisition adds to its growing portfolio of mechanical power transmission products.
Biodefense therapeutics firm $PIP announced an all-stock merger with biotech Altimmune. The respective boards of the two companies unanimously approved the merger.
$YHOO is reporting today after market close. Nobody cares about this stock.