Handy & Harman (HNH) to Acquire JPS Industries for $11/Share
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Handy & Harman Ltd. Enters into Definitive Agreement to Acquire JPS Industries, Inc.
June 1, 2015 8:00 AM EDTAnnounces Termination of Previously Commenced Tender Offer to Purchase Shares of JPS Industries
WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- Handy & Harman Ltd. (NASDAQ: HNH) (HNH), a diversified global industrial company, and JPS Industries, Inc. (Pink Sheets: JPST) (the Company or JPS), a leading manufacturer of composite materials, announced today that they have entered into a definitive merger agreement pursuant to which HNH will acquire JPS.
Under the terms of the merger agreement, which has been unanimously approved by the Boards of... More
