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Welbilt Shareholders Approve Acquisition By Ali Group, Company Will Sell Manitowoc Ice

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Written by The Ashton Report
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Welbilt Inc. the global multibrand foodservice equipment company based in New Port Richey, Fla., announced last week, in an update on its pending acquisition by Milan, Italy- and Vernon Hills, Ill.-based Ali Group, that it will sell its category-leading Manitowoc Ice division to ease regulatory approvals of the deal in both the US and Europe….

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