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Flowserve's merger with Chart Industries was called off, resulting in a $266M termination fee and a refocus on its standalone business. Q2 results were uninspiring in terms of bookings and sales, but ...
Andrew Kessel was a breaking news writer for Investopedia until October 2025. He previously covered markets for Proactive Investors, with a focus on small-cap stocks in fintech, healthcare, mining, ...
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS) (“Flowserve”), a leading provider of flow control products and services for the global infrastructure markets, today announced it has ...
Chart Industries (NYSE:GTLS) +17.1% post-market Monday after the Financial Times reported Baker Hughes (NASDAQ:BKR) is near a $13.6B cash deal to acquire the company, valuing Chart at $210/share, a 22 ...
Chart Industries and Flowserve recently agreed to merge in an all-stock deal. The two companies outlined significant revenue and cost synergies. Strangely, both bargain-priced stocks fell after the ...
Shares of Chart Industries and Flowserve moved lower in premarket trading Wednesday after the companies agreed to combine in an all-stock merger. Under the agreement, Chart shareholders will receive 3 ...