Rock of Ages announces completion of $25.2 million merger with Swenson Granite of NH

first_imgRock of Ages Corporation (NASDAQ:ROAC) has announced the completion of its previously announced pending merger with a wholly owned subsidiary of Swenson Granite Company LLC, of Concord, NH, whereby Swenson acquired all of the outstanding shares of common stock of the Company that it did not previously own for $5.25 per share in cash. The transaction is valued at $25.2 million. The company is now a wholly owned subsidiary of Swenson. The Swenson family has controlled Rock of Ages for many years and Kurt Swenson has been Rock of Ages’ CEO and chairman. As a result of the merger, the Company’s Class A common stock ceased trading on the NASDAQ Global Market at the close of business on January 19, 2011, and the company expects to deregister and suspend its reporting obligations under the Securities and Exchange Act of 1934, as amended.American Stock Transfer & Trust Company has been appointed to serve as the agent for payment of the merger consideration to Company stockholders, and will promptly mail to stockholders instructions on how to surrender their stock certificates and receive payment for their shares. If a shareholder’s shares of Company stock are held by a broker, nominee, custodian or other fiduciary and is not promptly provided by them with instructions on how to receive payment for the shares, the shareholder should contact them directly for such instructions.Kurt Swenson, Chairman of the Board of the Company, said, ‘We thank our shareholders for their support over the years, and for their approval of the merger proposal, especially the unaffiliated shareholders who own no interest in Swenson, who, by the affirmative vote of approximately 86% of the shares held by those shareholders present in person or by proxy at the special meeting, supported the merger.’ BARRE, Vt.–(BUSINESS WIRE)-1.20.2011last_img read more

Amalraj, Sutirtha win men, women singles titles in Table Tennis Championships

first_imgVijayawada: Anthony Amalraj had to put up a fight to win the season’s first men single’s title as an enterprising Sudhanshu Grover’s fine run at the National Ranking (South Zone) Table Tennis Championships ended at the DRM Municipal Indoor Hall here on Wednesday.The women singles crown went to Sutirtha Mukherjee, who scored a come-from-behind victory of 4-3 over Railways’ Sagarika Mukherjee. It was her first title of the season.Amalraj, who won 4-2, made good use of several seeds falling by the wayside before the final and captialised on the chances that came his way.But it was not going to be easy against a spirited Sudhanshu, also from PSPB, who had some fantastic wins in the tournament.Amalraj, who led 3-1, was given a momentary jolt by Sudhanshu before the veteran former national champion came into his own to wrap it up. The victory also earned him Rs 77,000 in prize money and full 90 points.The Haryana girl must be given credit for the way she fought her way back in the summit clash and snatch victory from the jaws of defeat. (IANS)last_img read more

Heavy winds turn deadly as fallen tree kills Guanacaste driver

first_imgOvernight Tuesday and on Wednesday morning firefighters cleared 16 different trees that had blown over and responded to 12 emergencies related to damaged power lines. The daily La Nación reported that 150 power outages were caused by heavy winds that also damaged roofs and blew over shipping containers.Gusts up to 100 km/h Un hombre falleció esta mañana, luego de que un árbol cayó sobre su vehículo.Barrio Cerros, en Liberia, Guanacaste. pic.twitter.com/DcosI1o0zd— Bomberos Costa Rica (@BomberosCR) February 10, 2016 What started off this week as complaints about unseasonably cold and blustery Costa Rica weather has turned deadly.A man was crushed to death in Liberia, the capital of the northwestern province of Guanacaste, on Wednesday when a sudden gust of wind blew a tree on top of his vehicle, according to the Costa Rican Firefighters Corps. Strong winds blowing across Costa Rica this week have downed power lines, knocked over trees and sparked maritime warnings over high winds and rough seas. Related posts:‘Extreme’ Pacific winds create dangerous conditions for boaters, swimmers Strong winds to hit Costa Rica again Thursday Big waves expected at Costa Rica’s northern Pacific, Caribbean beaches Strong winds expected over most of Costa Rica this week The National Meteorological Institute forecast gusts between 60 km/h and 100 km/h in the Central Valley and along the northern Pacific coast of Guanacaste this week.The Firefighters Corps recommended people make sure their roofs are well secured, especially if the roof is made with zinc sheets or tiles. Facebook Commentslast_img read more