Chemfab.The boards of directors of Chemfab, Merrimack Merrimack, river, United States Merrimack, river, c.110 mi (180 km) long, formed at Franklin, S central N.H., by the junction of the Pemigewasset (rising in the White Mts.) and Winnipesaukee rivers. It flows S past Concord and Manchester into NE Mass. , NH, and Norton Nor·ton , Charles Eliot 1827-1908. American educator, writer, and editor who founded the Nation (1865). , Worcester, MA, a subsidiary of Compagnie de Saint-Gobain, jointly announced the signing of a definitive agreement under which a subsidiary of Norton will acquire all of Chemfab's outstanding shares. The value of the transaction is approximately $136 million to purchase Chemfab's shares and approximately $5 million to extinguish Extinguish Retire or pay off debt. outstanding options, plus the assumption of Chemfab's net financial debt of approximately $30 million. Chemfab is a manufacturer and marketer of engineered products made primarily from specially formulated for·mu·late tr.v. for·mu·lat·ed, for·mu·lat·ing, for·mu·lates 1. a. To state as or reduce to a formula. b. To express in systematic terms or concepts. c. flexible polymer materials. |
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