Lord Corp. sold for over $3.6 billion to Parker Hannifin Corp.
Lord Corp. sold for over $3.6 billion to Parker Hannifin Corp.: Lord Corporation has been sold to Parker Hannifin Corporation for approximately $3.675 billion in cash. Back in 1924, Lord Corporation was founded by Erie lawyer Hugh Lord. Now 95 years later, the company has been purchased by another company that had a similar start.
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