Shareholder Scrutiny Intensifies Ahead of Chart Industries’ $13.6 Billion Baker Hughes Vote

Deal Terms and Strategic Implications

A prominent mergers and acquisitions legal firm has issued a shareholder alert concerning Chart Industries, casting a shadow over the impending $13.6 billion acquisition by Baker Hughes. The warning, issued on September 23rd, arrives just weeks before a critical shareholder vote scheduled for October 6th, highlighting persistent concerns over the deal’s terms.

Should the transaction be approved, Chart Industries shareholders will receive $210 per share in cash for all outstanding stock. This all-cash deal, valued at a total enterprise value of $13.6 billion, represents a significant strategic pivot for Chart Industries. The company had previously terminated a stock-for-stock merger agreement with Flowserve Corporation on July 29th to accept the superior Baker Hughes proposal.

Key Transaction Details:
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