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AMETEK closes MOCON buy


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AMETEK closes MOCON buy

AMETEK Inc. on June 22 closed its acquisition of MOCON Inc. for a transaction value of $177.6 million.

The company offered $30 per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Stroock & Stroock & Lavan LLP was the legal adviser for AMETEK.

Robert W. Baird & Co. Inc. was the financial adviser for MOCON, while Fox Rothschild LLP was the legal adviser.