Knobias Clip Report (07-26-2008) MVCO
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Submitted By Knobias ClipReport
MVCO: To Be Acquired by Insight Equity I LP for $11.25 Per Share Cash
By Fain Hughes, fhughes@knobias.com
Meadow Valley Corporation (MVCO) has entered into a definitive merger agreement to be acquired by an affiliate of Insight Equity I LP. Under the terms of the merger agreement, all of the outstanding shares of Meadow Valley Corporation will be acquired for a price per share equal to $11.25 in cash, without interest. The total equity value of the transaction is approximately $61.3 million. The transaction is not subject to a financing condition
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