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BRIEF-Polaris Materials announces acquisition by Vulcan Materials
August 28, 2017 / 5:43 AM / 3 months ago

BRIEF-Polaris Materials announces acquisition by Vulcan Materials

Aug 28 (Reuters) - Polaris Materials Corp

* Polaris Materials - Vulcan will acquire all of issued and outstanding shares of Polaris for C$2.79 per share in cash by way of a statutory plan of arrangement

* Polaris announces friendly acquisition by Vulcan Materials Company

* Price per share implies an aggregate fully diluted equity value for Polaris of approximately C$252 million

* Polaris Materials -special committee, board unanimously recommended shareholders, optionholders,deferred unit holders of Polaris vote in favour of deal Source text for Eikon: Further company coverage:

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