Samsung Stock Falls Over Talks to Buy $5.6 Billion Modine
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
Samsung Electronics (KRX: 005930) is in talks to acquire Modine Manufacturing (NYSE: MOD), a U.S. maker of data-center cooling systems valued at approximately $5.6 billion before the report emerged, Bloomberg reported Thursday, November 12, citing people familiar with the discussions. A transaction could be agreed within weeks, but no final decision has been made, and negotiations could still coll…