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Date Announcement
Jan. 19, 1993 Applied Power completes sale of Barry
Control's Helicopter products to Lord
Corporation. Net cash proceeds of $2
million.
Mar. 26, 1993 Earnings report for the second quarter
ended Feb. 28, 1993. Net sales up 1.2%,
net income up 4.0% for the quarter.
June 18, 1993 Earnings report for the third quarter
ended May 31. Net sales flat, net
income up 8.3% for the quarter.
Aug. 10, 1993 Wright Line, Inc. (a subsidiary of
Applied Power), sells its European
business to Carter-Parratt, Ltd.
Oct. 1, 1993 Applied Power's GB Electrical unit
acquires Palmer Industries, Inc.
Transaction valued at approximately $2
million.
Oct. 19, 1993 Applied Power signs contract of sale
for real estate at Wright Line's U.S.
headquarters and manufacturing
operations for $7.5 million.
Dec. 22, 1993 Earnings report for year ended Aug. 31.
Net sales up 0.9%, net income down
8.8% for the year.
From August 2, 1993, to March 15, 1994, Applied Power stock
traded as follows:
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