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Fedders Will Acquire Emerson Quiet Cool

<i> Reuters</i>

Fedders Corp., a leading manufacturer of air conditioners, said it plans to acquire rival Emerson Quiet Kool from Jepson Corp.

Financial details of the transaction, which will combine two of the best-known names in air conditioners, were not disclosed.

Emerson Quiet Kool is the room air conditioner division of Elmhurst, Ill.-based Jepson.

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