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(NASDAQ: AIMC ) ("Altra" or the "Company"), a premier global manufacturer and supplier of motion control, power transmission and automation products, announced today that it has entered into a definitive agreement to be acquired by Regal Rexnord Corporation ("Regal Rexnord") for approximately $5.0 billion on an enterprise value basis.
While there is nothing inherently that makes one measure superior to the other, it is important to remember that grossdebt can never be less than zero, but netdebt can, for firms that have cash balances that exceed their debt.
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