Company news

June 20, 2012 at 2:38AM

MERGERS AND ACQUISITIONS Cargill Inc., Minnetonka, bought the Envirotemp FR3 fluid business and brand from Cooper Power Systems, Milwaukee, a subsidiary of Cooper Industries. Cargill manufactures the FR3 renewable dielectric fluid from vegetable oil.

DEBT AND EQUITIES U.S. Bancorp, Minneapolis, declared a quarterly dividend of 19.5 cents per common share, payable July 16 to shareholders of record on June 29.

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