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Why Lydall Stock Is Rocketing Higher on Monday

TheMotleyFool

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Why Lydall Stock Is Rocketing Higher on Monday

Investors in specialty chemicals company Lydall (NYSE: LDL) had endured a rough five years holding the stock, but that all changed Monday as the shares soared more than 80% higher. Private equity firm Clearlake Capital sees significant value in the company's assets, and is paying a significant premium to acquire Lydall.