Lincare Holdings Inc. (LNCR: Quote) announced Monday morning that it agreed to be acquired by The Linde Group for $41.50 per share in cash.
Lincare Holdings gapped open dramatically higher Monday, but traded in a narrow range throughout the session. Shares finished up by 7.32 at $41.34 on the highest volume of the year. The stock rose sharply in the prior 3 sessions and closed Monday at a new high for the year.
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by RTT Staff Writer
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