Gibraltar Packaging Reaches Definitive Merger Agreement

摘要

Hastings, Neb.-based Gibraltar Packaging Group Inc. has entered into a definitive agreement and plan of reorganization, merger and dissolution with Rosmar Packaging Group Inc., which is based in Montreal. Under the terms of the agreement, a newly formed corporation to be owned by the current stockholders of Gibraltar will become a wholly owned subsidiary of Rosmar. The stockholders of the newly formed corporation will receive $4.25 in cash, without interest, for each share they own at the effective time of the merger, and Gibraltar will dissolve.