China Security & Surveillance Technology, Inc. CSR today announced that it has filed with the Securities and Exchange Commission the definitive proxy statement in connection with the previously announced merger under the Amended and Restated Agreement and Plan of Merger, dated as of May 3, 2011, by and among Rightmark Holdings Limited, a British Virgin Islands company, Rightmark Merger Sub Limited, a Delaware corporation and a wholly owned, direct subsidiary of Parent, the Company and Mr. Guoshen Tu, pursuant to which Merger Sub will be merged with and into the Company with the Company surviving the merger as a wholly owned subsidiary of Parent.
If completed, the proposed merger would result in the Company becoming a privately held company and its common stock would no longer be listed on the New York Stock Exchange. CSST public stockholders will be entitled to receive $6.50 per share in cash, without interest.
Market News and Data brought to you by Benzinga APIs© 2025 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