Ingersoll Rand confirms $3.6 billion buyout bid for SPX Flow was made, and rejected last month

Shares of SPX Flow Inc.
FLOW,
-1.59%
soared 24% toward record territory in premarket trading Monday, after the Ingersoll Rand Inc.
IR,
+0.06%
confirmed that it made an all-cash buyout bid that values the industrial components maker and distributor…

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