Kennametal acquires Greenfield Industries, Inc.

Kennametal acquired Greenfield Industries, Inc., a transaction announced in November 1997.

Kennametal acquired Greenfield Industries, a maker of consumable cutting tools and drill bits, via an all-cash tender offer at $38.00 per share to expand its metalworking consumables portfolio and distribution reach.

Kennametal acquired Greenfield Industries, a maker of consumable cutting tools and drill bits, via an all-cash tender offer at $38.00 per share to expand its metalworking consumables portfolio and distribution reach.

Purchaser, had accepted for payment 16,179,976 shares of common stock ... approximately 98% of the outstanding shares of Greenfield, tendered in response to Purchaser's tender offer for all outstanding shares at a price of $38.00 per share, net to the seller in cash.

Advisory firms were not disclosed for this transaction.

You're subscribed.

Thanks for signing up.