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- From: Vol 12, Issue 2 (February 2011)
- Category: Need to know
- Region: Americas
- Country: United States
- Related Companies: Credit Suisse, Energy Recovery Inc, ITT and Pall Corp
* Pall Corporation, the industrial filtration and separation specialist, saw its shares jump by 10% at the end of January after CEO Eric Krasnoff announced that he is retiring in March 2012 to pursue a “personal relationship” with general counsel Sandra Marino.
Analysts at Credit Suisse reckoned that this is as good a sign as any that Pall Corporation is for sale, and the shares zoomed up. Krasnoff has been president, chairman and chief executive of Pall for 17 years.
* Credit Suisse thinks the first in line to buy Pall – which has revenues of $2.4 billion and a market capitalisation of ...
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