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Good trailing results and encouraging guidance made a fine impression on the market.
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Cooper shareholders received $39.15 in cash and 0.77479 of a share in the newly created company for each Cooper share held. This is worth $72 per share based on Eaton's closing share price of $42.40 on 18 May 2012, and is 29% above Cooper's closing stock price. [17] Eaton Corporation plc completed its acquisition of Cooper Industries on 30 Nov ...
So what: In the announced deal, Cooper shareholders will get $39.15 per share in cash and 0.77479 share of Eaton stock, worth about $72 per share in total. The buyout is expected to add $0.65 per ...
Cooper Industries was an American worldwide electrical products manufacturer headquartered in Houston, Texas. Founded in 1833, the company had seven operating divisions including Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products.
The Cooper Companies, Inc., branded as CooperCompanies, is a global medical device company headquartered in San Ramon, California. [1] The company consists of two business units, CooperVision (CVI) which manufactures contact lenses, and CooperSurgical (CSI), which manufactures medical devices and fertility and genomic products for the women's health care market.
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Cooper Industries (NYS: CBE) reported earnings yesterday. Here are the numbers you need to know. The 10-second takeawayFor the quarter ended March 31 (Q1), Cooper Industries beat expectations on ...