Lone Star to take Hillenbrand private for $2.3 billion

Core Points - Hillenbrand is being acquired by Lone Star Funds for $2.3 billion in cash, leading to a 19% surge in the company's shares during early trading [1] Company Summary - The acquisition price of $2.3 billion indicates a significant valuation for Hillenbrand, reflecting the investment firm's confidence in the industrial equipment maker's future prospects [1] - The 19% increase in share price suggests a positive market reaction to the acquisition news, indicating investor optimism regarding the deal [1]