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OKs $3.7B sale
Industrial pump maker Gardner Denver agreed to sell itself to Kohlberg Kravis Roberts & Co. for about $3.7 billion. The investment firm will acquire the company for $76 per share, a 39 percent premium over Gardner’s closing stock price on Oct. 24, the day before it announced it was for sale.
Google will pay $7 million to settle a multistate probe that looked into its collection of emails, passwords and other data from unprotected home Wi-Fi networks throughout the country several years ago. The case dates back to 2010 when it revealed company cars taking street-level photos also collected the personal information.
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