East hills, ny―pall corp. has acquired the Filtration and Separations Group of USFilter Corp.(San Diego, CA) in a $360 million deal that officials from both companies say will allow each to broaden products and services in target core markets. A spokesperson for USFilter declined to comment when asked about the details of the sale, but Diane Foster, Pall's director of investor relations, says USFilter offered the Filtration and Separations Group in a blind auction that was conducted by Lazard Freres & Co LLC (New York City).
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