Interline Brands to become private
Interline Brands announced that stockholders voted to adopt a previously announced merger agreement that will make the company privately held.
Stockholders overwhelming approved the plan for the company to be acquired by affiliates of GS Capital Partners and P2 Capital Partners. Under terms of the merger agreement, the company's stockholders will receive $25.50 per share in cash at the closing of the transaction, which is expected by mid-September.
Following completion of the transaction, Interline will become a privately held company and its stock will no longer trade on the New York Stock Exchange.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
