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On November 30, 2012, Eaton Corporation (NYSE:ETN) completed the acquisition of Cooper Industries. As a result of the transaction, Cooper ordinary shares have ceased trading on the New York Stock Exchange. As described in the transaction agreement, immediately upon closing each outstanding ordinary share of Cooper was converted into the right to receive $39.15 per share in cash and 0.77479 in ordinary shares, payable to the holder thereof. At the close of business on November 30, 2012, shares were surrendered in exchange for Eaton Corporation plc shares and a cash payment, which was made by Eaton or its Paying Agent (Computershare) directly into accounts.