Ceco Buys Thermon in $2.2B Deal

Ceco is acquiring Thermon in a deal valued at roughly $2.2 billion. It's the largest transaction in the filtration company's history. The move significantly broadens Ceco's footprint in thermal solutions, as surging demand from data centers continues to drive growth in the sector. Todd Gleason, CEO of Ceco, joined Bloomberg Open Interest to talk about the deal.