Form 8-K HANDY & HARMAN LTD. For: May 28
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Handy & Harman (HNH) to Acquire JPS Industries for $11/Share
June 1, 2015 8:01 AM EDTHandy & Harman (NASDAQ: HNH) and JPS Industries, Inc. (OTC: JPST) (the Company or JPS), a leading manufacturer of composite materials, announced today that they have entered into a definitive merger agreement pursuant to which HNH will acquire JPS.
Under the terms of the merger agreement, which has been unanimously approved by the Boards of Directors of both HNH and JPS, all stockholders of JPS (other than HNH and its affiliates) will receive $11.00 per share in cash for each share of JPS they own at the effective time... More
