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Renewable Energy Group Inc agrees to acquire Syntroleum Corp


Tuesday, 17 Dec 2013 04:27pm EST 

Renewable Energy Group Inc and Syntroleum Corp:Enters into an asset purchase agreement pursuant to which REG would acquire substantially all of the assets of Syntroleum Corporation, and assume substantially all of the material liabilities of Syntroleum.Says terms of the transaction call for Syntroleum to receive 3,796,000 shares of REG common stock (subject to reduction in the event that the aggregate market value of the REG common stock to be issued would exceed $49 million or if the cash transferred to REG is less than $3.2 million). 

Company Quote

10.17
-0.11 -1.07%
19 Dec 2014