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On April 19, 2022, Spectris announced the sale of Omega Engineering to Arcline Investment Management for $525 million. [16] This was more than $100 million above the Net Book Value subsequent to the goodwill writeoff that Spectris previously took. Spectris announced a $390 million stock buyback as a result of the sale. [6]
The company was based at the Lordstown Assembly plant, previously a General Motors factory. [2] Lordstown Motors was known for its Lordstown Endurance electric pickup truck. In March 2024, the company emerged from its September 2023 bankruptcy restructuring as Nu Ride Inc., headquartered in New York City.
Snap-on walk-in dealer van in Westland, Michigan A Snap-on ratcheting screwdriver. Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry including the automotive, heavy duty, equipment, marine, aviation, and railroad industries.
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The Chemours Company (CC) -- the maker of Teflon -- is a materials science company that is a spinout of DuPon, explains David Fried, editor of the specialized advisory service, The Buyback Letter.
In August 2016, the company announced its plan to acquire IronPlanet, Inc., an online auction company. The deal was approved by the DOJ and closed in May 2017. [ 9 ] In 2016, Ritchie Bros. also acquired Petrowsky Auctioneers [ 10 ] based in North Franklin, CT and Kramer Auctions, [ 11 ] a Canadian agricultural auction company based in North ...
The new buyback authorization comes as an accelerated $10 billion share repurchase program announced in November 2023 is expected to be completed by the end of this month.
Hand-held power tools, outdoor power equipment Diamond Products: Elyria, Ohio, USA [8] Core Bore, Core Cut, Core Prep, Core Vac, Tyrolit [9] Cutting, abrading, boring tools [10] Einhell: Landau an der Isar, Germany: Einhell: Power tools, garden equipment Elliott Tool Technologies: Dayton, Ohio, USA [11] Tubing Tools, Metal Finishing [12] Emerson