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Upon the completion of the transaction, Multi-Color Corporation will become a privately held company.
February 26, 2019
By: Anthony Locicero
Copy editor, New York Post
Multi-Color Corporation said it entered into a definitive merger agreement to be acquired by an affiliate of Platinum Equity LLC. Under the terms of the agreement, which has been unanimously approved by Multi-Color Corporation’s Board of Directors, Multi-Color Corporation shareholders will receive $50 in cash for each share of common stock they own, in a transaction valued at $2.5 billion including the assumption of $1.5 billion of debt. The cash purchase price represents a premium of app...
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