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Tredegar Corp Announces Sale Of Falling Springs, LLC

Wednesday, 21 Nov 2012 08:09am EST 

Tredegar Corp announced that it has sold its mitigation banking business, Falling Springs, LLC, for approximately $16 million to Arc Ventures, LC, a Virginia limited liability company affiliated with John D. Gottwald, a member of Tredegar`s Board of Directors. The purchase price paid to Tredegar Corporation is comprised of cash and shares of common stock of Tredegar Corporation owned by Arc Ventures, LC. MidSpan Partners acted as exclusive adviser to Tredegar in this transaction. 

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0.04 +0.17%
17 Apr 2014