Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Danaher Cooper to Sell Apex Tool to Bain Capital

Details

  • Description

    FBN's Lori Rothman breaks down late-morning market news.

  • Duration 0:52
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

-- -- -- Greek Danaher and Cooper Industries have agreed to sell their eight X forward group joint venture to gain capital -- about one point six billion dollars.

Can't -- that -- each have a 50% stake in apex which makes.

I think wrenches in hand tools.

For Sears craftsman brands and an expert course we'll shares -- True Religion are soaring on news the jeans maker may be putting itself up for sale.

The companies formed a special committee to explore and evaluate strategic alternatives.

True Religion says it has not made its decision to pursue a deal but that it's received interest from potential -- On the flip side shares of covenants under pressure after slashing its -- your outlook.

The engine maker also plans to eliminate up to 15100 jobs the companies looking to cut costs and responsible weakening global.

That's the latest from the Fox Business Network giving you the power processor.

Load More