Deal Watch: Jones Day Helps Ink $4.3B Deal for Air Filtration Client

In an otherwise slow week for mergers and acquisitions, one company made the biggest deal in its history.

In its largest acquisition ever, on Dec. 1 longtime Cleveland, Ohio-based manufacturer Parker-Hannifin Corp. announced plans to buy Franklin, Tennessee-based Clarcor Inc. in a $4.3 billion deal in cash and debt.

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