Rock of Ages completes sale to Swenson Granite.
US granite quarrier and producer Rock of Ages Corp (NASDAQ:ROAC) said Thursday that its takeover by local sector firm Swenson Granite Company is now finalised and the companya[euro](tm)s class A common stock is no longer trading on the Nasdaq Global Market.
Under the previously announced agreement, Swenson bought all of Rock of Agesa[euro](tm) outstanding common shares it did not already own for USD5.25 (EUR3.90) a piece in cash.
As part of the deal, Rock of Ages was merged with a wholly-owned unit of Swenson.Country: USA, Sector: Construction/Real Estate, Metals/MiningTarget: Rock of Ages CorporationBuyer: Swenson Granite Company LLCType: P2PStatus: Closed
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|Publication:||M & A Navigator|
|Date:||Jan 20, 2011|
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