October 27, 1995
Donaldson, Lufkin to Buy a Maker of Chain Saws
The New York Times, All Rights ReservedDonaldson, Lufkin to Buy a Maker of Chain Saws
Donaldson, Lufkin & Jenrette Inc.'s merchant banking group said yesterday that it had agreed to buy the McCulloch Corporation, a maker of chain saws and lawn equipment, from the Shop Vac Corporation. The price was not disclosed. McCulloch, based in Tucson, Ariz., has annual revenue of more than $240 million. Donaldson, Lufkin said it expected the purchase to be completed in November.
© 1995 The New York Times Company. All Rights Reserved.
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