NYSE:THRElectrical
Thermon Buyout By CECO Sparks Valuation Questions And Fairness Reviews
Thermon Group Holdings (NYSE:THR) has entered into a definitive agreement to be acquired by CECO Environmental Corp. in a cash and stock deal.
The transaction proposes different forms of consideration for existing Thermon shareholders, subject to customary approvals.
Law firms have launched investigations into whether the terms of the acquisition are fair to Thermon shareholders.
Thermon shares most recently closed at $50.78, with the stock showing returns of 34.9% year to date and 72.1%...