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U.S.-based equipment manufacturer Chart Industries and flow control systems maker Flowserve Corp agreed to merge in an all-stock deal, valuing the combined company at about $19 billion.

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(Reuters) -U.S.-based equipment manufacturer Chart Industries and flow control systems maker Flowserve Corp agreed to merge in an all-stock deal, valuing the combined company at about $19 billion.

Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including Chart Industries (GTLS) and Flowserve (FLS) announcing their merger, Nio ...

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Chart shareholders will receive 3.165 shares of Flowserve common stock for each share of Chart common stock owned, resulting in Chart shareholders owning approximately 53.5% and Flowserve shareholders ...

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Chart shareholders will own 53.5% of the combined company, while Flowserve shareholders would own 46.5%. Shares of Chart, based in Ball Ground, Ga., were recently down 1.6% at $159 in premarket ...