Trane to be acquired by Ingersoll Rand

Trane Inc. announced it has entered into an agreement to be acquired by Ingersoll Rand. The transaction is expected to close in the second quarter of 2008, subject to shareholder and regulatory approvals.

“On Dec. 17, 2007, Trane announced that it had entered into an agreement to be acquired by Ingersoll Rand (NYSE: IR).”

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