Linde Completes Lincare Acquisition - 8/14/2012
The Linde Group announced today that it has successfully completed its previously announced acquisition of Lincare Holdings Inc. As a result of the transaction, Lincare has become a wholly owned indirect subsidiary of Linde.
As previously announced, on 8 August 2012, Linde completed a tender offer in which it purchased approximately 88.85% of the shares of Lincare common stock then outstanding at USD 41.50 per share in cash.
Yesterday, Linde acquired all the remaining issued and outstanding shares of Lincare common stock by means of a short-form merger in which all such shares were converted into the right to receive the same $41.50 per share in cash that was paid in the tender offer. In order to accomplish the short-form merger, Linde exercised its "top-up" option to purchase additional shares of Lincare common stock directly from the Company. Lincare’s common stock will no longer be listed on the Nasdaq Global Select Market.
This press release is neither an offer to purchase nor a solicitation of an offer to sell shares of Lincare.
|11/27/2012||Welding Begins on Oregon Rail Project ...more | comments |
Welders will connect two, 80-foot lengths of rail by a thermite welding process that superheats aluminum, iron oxide and alloy elements to produce molten steel and permanently join the rails.
|11/27/2012||Airgas Chairman Sells 1.2 Million Shares ...more | comments |
Peter McCausland sells 1.2 million shares of Airgas common stock in privately negotiated overnight block trade.
|11/27/2012||New Gas Process for Controlled Ripening ...more | comments |
Researchers set to revolutionize fresh fruit industry with new technology that converts ethylene gas into a powder form.
|11/26/2012||Specialty Gas Growth Projections ...more | comments |
Report indicates slow and modest growth.
|11/26/2012||ITW Names Successor ...more | comments |
David Speer, ITW chairman and CEO, dies after illness. Scott Santi named successor.
|11/26/2012||Cee Kay Supply Healthy Employer Finalist ...more | comments |
Wellness program improves worker health.
|11/21/2012||Lucas-Milhaupt Acquires Inmet ...more | comments |
Company buys alloy maker and expands product line.
|11/21/2012||LNG Plant For Southwest Florida ...more | comments |
Air Products to build LNG plant in Florida.
|11/21/2012||Low-Supply Helium Makes Parade Appearance ...more | comments |
Should we be wasting our dwindling supply of helium on floating cartoon characters?
|11/14/2012||Lincoln Acquires Three Businesses ...more | comments |
Lincoln acquires shape cutting and engineered systems businesses.