Industry News, Ink Manufacturers News

Dover Board of Directors Approves Spin-Off of Apergy

Apergy expects to begin ‘regular-way’ trading on the NYSE on May 9, 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Dover announced that its board of directors formally approved the separation of Apergy Corporation from Dover through a distribution of all of the common stock of Apergy held by Dover to Dover shareholders. In connection with the approval, the board has also set the distribution ratio, record date and distribution date for the spin-off.    Apergy is a leading provider of highly engineered technologies that help companies drill for and produce oil and gas efficiently and safely around the world...

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