Brief: The L.S. Starrett Company Enters Into A Merger Agreement With Middleground Capital To Become Private Company

L S Starrett Co

11/03/2024 11:51

March 11 (Reuters) - L S Starrett Co  SCX.N :
    * THE L.S. STARRETT COMPANY ENTERS INTO A MERGER AGREEMENT
WITH
MIDDLEGROUND CAPITAL TO BECOME PRIVATE COMPANY
    * L S STARRETT CO: STARRETT SHAREHOLDERS WILL RECEIVE $16.19
PER
SHARE IN TRANSACTION
    * L S STARRETT CO - MIDDLEGROUND INTENDS TO FUND TRANSACTION
WITH
A COMBINATION OF CASH FROM MIDDLEGROUND PARTNERS III, L.P. AND
COMMITTED FINANCING

Source text for Eikon:  ID:nBw2q9Zhwa 
Further company coverage:  SCX.N 

 ((Reuters.Briefs@thomsonreuters.com;))