Modine Shares Surge 28% on Reported Samsung Acquisition Talks
Modine shares surged 28% overnight after reports that Samsung Electronics is in discussions to acquire the data center cooling specialist. The potential deal could value Modine at around $5.6 billion.
Modine Manufacturing Co. (MOD) stock surged 28% overnight after Samsung Electronics (SSNLF) is reportedly in discussions to acquire the data center cooling specialist. The potential deal could value Modine at around $5.6 billion amid growing interest in companies benefiting from the artificial inte…