Flowserve Corp ( FLS ):
* CHART INDUSTRIES AND FLOWSERVE CORPORATION TO COMBINE IN
ALL-STOCK MERGER OF EQUALS, CREATING A DIFFERENTIATED LEADER IN
INDUSTRIAL PROCESS TECHNOLOGIES
* CHART INDUSTRIES INC ( GTLS ) - COMBINED ENTERPRISE VALUE EXPECTED
TO BE
$19 BILLION
* CHART INDUSTRIES INC ( GTLS ) - SHAREHOLDERS TO RECEIVE 3.165
FLOWSERVE
SHARES PER CHART SHARE
* CHART INDUSTRIES INC ( GTLS ) - SHAREHOLDERS TO OWN 53.5% OF
COMBINED
COMPANY
* CHART INDUSTRIES INC ( GTLS ) - EVANKO TO BE CHAIR, ROWE TO BE CEO
OF
COMBINED COMPANY
* CHART INDUSTRIES INC ( GTLS ) - DEAL EXPECTED TO BE ACCRETIVE TO
ADJUSTED
EPS IN FIRST YEAR
* CHART INDUSTRIES INC ( GTLS ) - EXPECTED TO GENERATE $300 MILLION
ANNUAL
COST SYNERGIES WITHIN THREE YEARS
* CHART INDUSTRIES INC ( GTLS ) - COMBINED COMPANY WILL ASSUME A NEW
NAME
AND BRAND FOLLOWING CLOSE
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