Met-Pro Corp. (MPR) announced Monday morning that it agreed to be acquired by CECO Environmental Corp. (CECE) in a cash and stock transaction valued at a total of approximately $210 million, or $13.75 per share.
Met-Pro gapped open dramatically higher Monday, but moved in a narrow range throughout the session. The stock finished up by 3.78 at $13.38 on the highest volume of the year. Met-Pro vaulted to a new high for the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.