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Siemens to Acquire Dresser-Rand for $7.6 Billion

2014-09-22 04:14:41| Industrial Machines - Topix.net

German engineering company Siemens AG has reached a deal to acquire oilfield equipment maker Dresser-Rand for $7.6 billion. Under the deal announced early Monday in Germany, Siemens will pay $83 per common share of Dresser-Rand Group Inc., $3.09 more than the company's closing share price Friday.

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