Marygold Companies says Madison Dearborn-led funds to buy shares for $2.00 each
MGLD•Funds managed by Madison Dearborn Partners agreed to acquire Marygold Companies for $2.00 per share under a definitive merger agreement. Holders representing about 75% of voting power backed the transaction by written consent.
1. Merger agreement
Funds managed by Madison Dearborn Partners agreed to acquire Marygold Companies for $2.00 per share under a definitive merger agreement. An independent special committee recommended the deal, the board approved it unanimously, and holders representing about 75% of voting power delivered written consent supporting it. The agreement bars Marygold from engaging with alternative acquisition proposals after receiving the consent.
