Previous close | 2.3500 |
Open | 2.3500 |
Bid | 2.5000 |
Ask | 3.3000 |
Strike | 55.00 |
Expiry date | 2024-01-19 |
Day's range | 2.3500 - 2.3500 |
Contract range | N/A |
Volume | |
Open interest | 24 |
Whirlpool Corporation (NYSE: WHR) today announced that it has entered into a definitive agreement with Emerson Electric Co. (NYSE: EMR) to acquire InSinkErator, the world's largest manufacturer of food waste disposers and instant hot water dispensers for home and commercial use, in an all-cash transaction for $3.0 billion.
ST. LOUIS, August 08, 2022--Emerson (NYSE: EMR) today announced an agreement to sell its InSinkErator® business to Whirlpool Corporation (NYSE: WHR) for $3.0 billion. InSinkErator’s trailing twelve-month revenue, as of March 31, 2022, was $595 million, pretax earnings were $148 million and EBITDA* was $166 million, representing a transaction value of 18.1x EBITDA.
Emerson Electric Co. ( NYSE:EMR ) stock is about to trade ex-dividend in 3 days. Typically, the ex-dividend date is one...