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Modine jumps on report of Samsung acquisition talks

By Reuters News

** Modine Manufacturing MOD.N shares soar 30% to $138 premarket

** Samsung Electronics 005930.KS in talks to acquire the data center cooling firm, Bloomberg News reported Thursday

** The companies discussing potential deal that can come together in weeks - Bloomberg News

** Modine market cap at last close: $5.64 bln - LSEG data

** Reuters could not immediately verify the report or reach Samsung, Modine for comment

** No final decision; talks could still fall apart, another suitor could emerge - Bloomberg News

** As of last close, MOD down 13% YTD

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