By Will Feuer P&F Industries has agreed to be bought for about $41.5 million in an all-cash deal by private-equity firm ShoreView Industries. P&F Industries'.
P&F Industries, Inc. (PFIN), manufacturer of pneumatic hand tools, announced on Friday that it has agreed to be acquired by ShoreView Industries for $13.00 per share in an all-cash transaction.
P&F Industries, Inc. (NASDAQ:PFIN – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.25 and traded as high as $6.61. P&F Industries shares last traded at $6.61, with a volume of 882 shares changing hands. […]
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