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Provider: Reuters Investment Profile
$20.00

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Williston Holding Company Inc buys controlling interest in Mexican Restaurants Inc


Tuesday, 18 Mar 2014 08:30am EDT 

Williston Holding Company Inc:Acquired about 80 pct of Mexican Restaurants Inc (MRI) in a series of private transactions with certain controlling shareholders of MRI at a price of $4.06 per share.The last of these transactions should close no later than March 19.In a separate transaction, WHC also announced that it has entered into a Merger Agreement with MRI pursuant to which the remaining approximate 20 pct of MRI stockholders would receive $4.06 per MRI share in cash.This merger is expected to close within 45 to 60 days.Following the merger, WHC will own 100 pct of MRI. 

Latest Developments for Williston Holding Company Inc

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4.25
-0.75 -15.00%
23 Sep 2014