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Graco Must Sell ITW Unit Before $650M Buy, FTC Says

By Bill Donahue (May 31, 2012, 6:56 PM EDT) -- The Federal Trade Commission said Thursday that industrial fluid spray maker Graco Inc. would have to sell off Illinois Tool Works Inc.'s liquid finishing equipment business to get final approval of Graco's proposed $650 million purchase of several other ITW operations....

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