Page 2 - Longrange Capital News Today

/PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) announced today that it has completed its transformation into a pure-play industrial company with the closing of...

BATESVILLE, Ind. — Hillenbrand Inc. announced last week that it has reached an agreement to sell its Batesville Casket Co. subsidiary — the largest producer of caskets in the U.S.

Hillenbrand Inc. has reached an agreement to sell its Batesville Casket Co. subsidiary to an affiliate of a Connecticut-based private equity firm for $761.5 million. Thursday's announcement of the deal with an affiliate of LongRange Capital provided no guidance on what impact the sale might have on Batesville Casket, its employees or its holdings in southeastern Indiana. But the Indianapolis Business Journal reports Hillenbrand said that both it and Batesville Casket would continue to be he...

Hillenbrand Inc. has reached an agreement to sell its Batesville Casket Co. subsidiary to an affiliate of a Connecticut-based private equity firm for $761.5 million

Hillenbrand Inc. will focus on industrial equipment, including plastics machinery; the Plastics Industry Association opens the door for bottle bills; and art imitates life a little too closely.

Both the casket business and Hillenbrand headquarters will stay in Batesville, according to a media release.

Hillenbrand Inc. has reached an agreement to sell its Batesville Casket Co. subsidiary to an affiliate of a Connecticut-based private equity firm for $761.5 million

BATESVILLE, Ind. (AP) -- Hillenbrand Inc. said Thursday that it has reached an agreement to sell its Batesville Casket Co. subsidiary -- the largest