Gulf Island shareholders approve IES Holdings acquisition

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Gulf Island Shareholders Vote To Approve Acquisition by IES Holdings

January 13, 2026 4:30 PM EST

THE WOODLANDS, Texas, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (Gulf Island or the Company), a leading steel fabricator and service provider to the industrial, energy and government sectors, today announced that at its special meeting of shareholders held earlier today (the Special Meeting), Gulf Islands shareholders approved the acquisition of Gulf Island by IES Holdings, Inc. (the Merger). Subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the merger agreement, the parties intend to complete the Merger on January 16, 2026. If the... More