Illinois Tool Works Inc. has agreed to acquire Quipp Inc., Miami, FL, for between $4.30 and $5.65 per share in cash.
Quipp, through its operating subsidiary Quipp Systems Inc., designs, manufactures and installs material handling systems and equipment to facilitate the automated inserting, assembly, bundling and moving of newspapers from the printing press to the delivery truck.
ITW is a diversified manufacturer of highly engineered components and industrial systems and consumables with 825 business units in 52 …
Illinois Tool Works Agrees to Buy Quipp
Illinois Tool Works Inc. has agreed to acquire Quipp Inc., Miami, FL, for between $4.30 and $5.65 per share in cash.
Quipp, through its operating subsidiary Quipp Systems Inc., designs, manufactures and installs material handling systems and equipment to facilitate the automated inserting, assembly, bundling and moving of newspapers from the printing press to the delivery truck.
ITW is a diversified manufacturer of highly engineered components and industrial systems and consumables with 825 business units in 52 …
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