Chloride Group rejects Emerson Electric’s buyout offer

Chloride Group plc, a British-based UPS manufacturer, rebuffed a buyout offer by Emerson Electric, St. Louis
May 7, 2010

Chloride Group plc, a British-based UPS manufacturer, rebuffed a buyout offer by Emerson Electric, St. Louis. Emerson believes the combination of Emerson and Chloride would create a powerful force in the global uninterruptible power supply (UPS) market.