GKN in move to acquire Interlake Corp.

GKN plc, London, entered into a merger agreement to acquire The Interlake Corp., Lisle, Ill., for $553 million, including the assumption of about $292 million of debt, GKN reported yesterday. GKN will begin a tender offer for all outstanding common shares of Interlake at $7.25 per share. Interlake...

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