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Gushan (GU) to Go Private at $1.62/ADS

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Gushan (GU) Gets Shareholder Approval for 'Go Private' Deal at $1.62/ADS

October 15, 2012 9:41 AM EDT

Gushan Environmental Energy Limited (NYSE: GU) shares are ticking lower Monday after getting shareholder approval in a "going private" transaction. The stock is down about 1.3 percent.

The release is below:

[Gushan Environmental] reports that, at an extraordinary general meeting of shareholders held today, the Company's shareholders voted in favor of the proposal to approve and adopt the previously announced agreement and plan of merger dated June 4, 2012, as amended on September 13, 2012, among Trillion Energy... More