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Stock impact report

Chart Industries Shareholders Vote Up Baker Hughes Takeover [Yahoo! Finance]

Chart Industries, Inc. (GTLS) 
Last chart industries, inc. earnings: 4/23 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Chart Industries Inc shareholders on Monday approved its acquisition by Baker Hughes, in an all-cash transaction offering $210 per share. The ballot saw 98.87 percent vote in favor of the merger, or about 35.35 million shares out of 35.75 million shares represented, according to a filing by Chart with the United States Securities and Exchange Commission. "The transaction is expected to be completed by mid-year 2026, subject to customary conditions and the receipt of applicable regulatory approvals", Chart affirmed in a separate online statement. Baker Hughes chair and chief executive Lorenzo Simonelli said in a separate statement on Monday, "With the pending acquisition of Chart, we are undertaking a comprehensive evaluation of our capital allocation focus, business, cost structure and operations, with a view toward delivering additional value for our shareholders". Chart counts itself as a leading provider of technology, equipment and services related to liquefied natural ga Show less Read more
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