WESTFORD, Mass., Dec. 28, 2023 (GLOBE NEWSWIRE) Kadant Inc. (NYSE:KAI) has entered into a definitive agreement to acquire Key Knife, Inc. and certain of its affiliates ("Key Knife") for approximately $156 million in
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Kadant Inc. (NYSE: KAI) announced plans to acquire Key Knife, Inc. for approximately $156 million in cash. Kadant shares fell 0.4% to close at $284.23 on Thursday.
By Josh Beckerman Kadant agreed to buy Key Knife and certain affiliates for about $156 million in cash. Key Knife, which provides chipping, flaking and.
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