News Snapshot:
A look at North American equities heading in both directions On the rise Shares of Linamar Corp. (LNR-T) were higher after the late Wednesday announcement of an agreement to acquire Bourgault Industries Ltd. in a deal worth $640-million. The Guelph-based company says Bourgault is a world-class agriculture equipment manufacturer. Linamar says Bourgault will become part of its new agriculture division within its wider industrial segment. Linamar CEO and executive chair Linda Hasenfratz says the acquisition offers “tremendous opportunity” for her company to diversify and grow its agriculture platform. COO and president Jim Jarrell says Bourgault is Linamar’s third strategic acquisition...
