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Article: NL Industries subsidiary commence tender offer for Georgia Gulf. (GG Acquisition Corp.)

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PR Newswire
Article date:
February 5, 1990
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NL INDUSTRIES SUBSIDIARY COMMENCES TENDER OFFER FOR GEORGIA GULF

HOUSTON, Feb. 5 /PRNewswire/ -- NL Industries, Inc. (NYSE: NL), announced today that its wholly owned subsidiary, GG Acquisition Corp., has commenced an offer to purchase all shares of the common stock including the associated preferred share purchase rights of Georgia Gulf Corporation (NYSE: GGC) at a price of $45 net per share in cash.

NL stated that it intends, as soon as practicable after the completion of the offer, to propose and seek to consummate a merger or other similar business combination between Georgia Gulf and itself, or an affiliate, in which all shares not tendered in the ...

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