Tag Archives: oico

ITT Acquires O.I. Corporation; Boosts Analytics Offerings

ITT Corporation (NYSE:ITT) has reached an agreement with O.I. Corporation (OI) (NASDAQ:OICO) to purchase outstanding OI shares for approximately $29 million. The deal is projected to close late this year. OI focuses on providing “instrumentation for laboratory and environmental testing in the pharmaceutical, petrochemical, power and industrial markets.” ITT’s Analytics …

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