Sparks Marketing Group, Inc. Completes the Acquisition of Marlton Technologies, Inc.PHILADELPHIA -- Sparks Sparks, city (1990 pop. 53,367), Washoe co., W Nev., just E of Reno; inc. 1905. The Southern Pacific RR was the major employer until the dieselization of railroad engines forced the closing (1957) of the railroad shops there. Marketing Group, Inc. today announced that it acquired by merger Marlton Technologies, Inc. Sparks owned approximately 83% of Marlton's stock, and the transaction was effected as a short-form merger. Sparks is owned primarily by the former senior management team of Marlton. As a result of the merger, each outstanding share of Marlton common stock automatically converted into a right to receive a cash payment of $8,750 per share. Alternatively, the former Marlton stockholders are entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: to appraisal rights Appraisal rights A right of shareholders in a merger to demand the payment of a fair price for their shares, as determined independently. under Pennsylvania law, and a full description of these rights, including business and financial information regarding Marlton, will be mailed promptly to all former Marlton stockholders. About Sparks Marketing Group, Inc. As the successor to Marlton, Sparks engages in the custom design, production and sale of exhibits and environments for trade shows, museums, theme parks, themed interiors, arenas, corporate lobbies and retail stores for clients in industry, government, entertainment and commercial establishments. All of Sparks' majority-owned operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. do business under the names Sparks Exhibits & Environments or Sparks Custom Retail. Sparks also supplies custom made fixtures and displays to national retailers, department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. and consumer products manufacturers, and designs and produces corporate events. |
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