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Share Name | Share Symbol | Market | Type |
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P10 Inc | NYSE:PX | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 7.42 | 0 | 12:00:00 |
By Pietro Lombardi
Linde AG (LINU.XE) said Monday that the cash compensation in a squeeze-out of minority shareholders is expected to be 188.24 euros ($217.5) for each Linde share if its proposed merger with Praxair Inc. (PX) is successful.
Linde and Praxair have been pursuing a merger for about two years, a combination that would create an entity with a market capitalization of nearly $80 billion and annual revenue of more than $30 billion.
"The final determination of the cash compensation by Linde Intermediate Holding AG will occur after the finalization of the valuation and auditing activities," Linde said.
Read more about the Linde-Praxair deal at https://on.wsj.com/2RSccTv (WSJ paywall) or https://bit.ly/2MuK4qL (NewsPlus).
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
October 15, 2018 11:30 ET (15:30 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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