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EnPro Industries Completes Goodwill Impairment Analysis; Announces Gain on Reduction of Liability for Retiree Benefits Associated with Previously-Owned Business.

Publication: Mergers & Acquisitions Week
Publication Date: 05-AUG-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
EnPro Industries (NYSE: NPO) has completed its previously announced interim evaluation of goodwill associated with its GGB Bearing Technology and Plastomer Technologies businesses. The company has determined that the goodwill has been impaired, largely because the businesses' near-term outlooks have been weakened by the deterioration of the global economic...

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