Welcome to The Deal Pipeline's Deal of the Day. Shot on the trading floor of the New York Stock Exchange, we bring you an in-depth look at the terms, advisers and vital information on a specific transaction from The Deal Pipeline's database.
In this segment, we look at 3M Co.'s $110 million cash acquisition of Federal Signal Corp.'s tech division Federal Signal Technologies LLC, known as FSTech. In this deal, Federal Signal Corp. received financial advice from Jefferies & Co. and Thompson Coburn LLP for legal counsel. 3M handled the deal details via an in-house team.
Below are links to key content from The Deal Pipeline regarding aspects of this transaction. - Sarah Hashim-Waris
The Deal Pipeline article: 3M collects Federal Signal Technologies
Ken deRegt will retire as head of fixed income at Morgan Stanley and be replaced by Michael Heaney and Robert Rooney. For other updates launch today's Movers & shakers slideshow.