LaBarge, Inc. LB announced today that Ducommun Incorporated has completed its acquisition of the Company. The two companies entered into a definitive merger agreement on April 3, 2011. The transaction was approved by LaBarge's stockholders on June 23, 2011.
Under the terms of the merger agreement, each outstanding share of LaBarge common stock will be cancelled and converted into the right to receive $19.25 in cash. The Company's common stock will cease trading on the NYSE: Amex exchange after the close of market today and will be delisted.
LaBarge stockholders will receive instructions on how to surrender their shares in exchange for payment. Stockholders of record should wait to receive these instructions before surrendering their shares.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in