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Benzinga
Benzinga
Business
Triveni Kothapalli

Lone Star Funds Moves To Take Hillenbrand Private With Big Cash Offer

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Hillenbrand Inc. (NYSE:HI) shares were trading higher on Wednesday after it agreed to be acquired by an affiliate of Lone Star Funds in an all-cash deal.

The transaction valued Hillenbrand at $32.00 per share, representing an enterprise value of about $3.8 billion.

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