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Article: NSI Announces Filing of Preliminary Proxy Statement for Proposed Merger.
- Article from:
- Business Wire
- Article date:
- April 10, 2003
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Business Editors
ATLANTA--(BUSINESS WIRE)--April 10, 2003
National Service Industries, Inc. (NYSE: NSI) today announced it has filed a preliminary proxy statement with the Securities and Exchange Commission (SEC) for a special meeting of stockholders to be held to consider the previously announced definitive merger agreement that provides for the acquisition of NSI by an affiliate of California Investment Fund, LLC.
Pursuant to the agreement, each outstanding share of NSI common stock will be converted into the right to receive $10.00 in cash. The closing of the transaction is subject to the approval of the NSI stockholders, the receipt of ...