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Cnh Industrial To Acquire Raven Industries
CNH Industrial N.V. (NYSE: CNHI MI: CNHI) today announced that it has entered into an agreement to acquire 100% of the capital stock of Raven Industries Inc. (NASDAQ: RAVN) a US-based leader in precision agriculture technology for US$58 per share representing a 33.6% premium to the Raven Industries 4-week volume-weighted average stock price and US$2.1 billion Enterprise Value. The transaction will be funded with available cash on hand of CNH Indus...
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