Myers Industries (MYE) has released an update to notify the public and investors about its asset transaction finalization.
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Myers Industries, Inc. has successfully completed its merger with Signature CR Intermediate Holdco, Inc. on February 8, 2024, for a total consideration of $350 million. This strategic move, first announced in late 2023, signifies a major step for the company as Signature now becomes a wholly-owned subsidiary, strengthening Myers Industries’ market position and expanding its portfolio.
For further insights into MYE financials, check out TipRanks’ Financials page.
For a comprehensive understanding of the announcement, you can read the full document here.