WASHINGTON (dpa-AFX) - Shares of Emerson Electric (EMR) have come under pressure during trading on Friday, with the global manufacturing and technology company currently down by 3.3 percent. Emerson hit its lowest intraday level in over a month earlier in the session.
The decline by Emerson comes after the company announced an agreement to purchase the Valves & Controls business of Pentair (PNR) for $3.15 billion.
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