Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers L > Headlines for Lesco, Inc. > News item |
Lesco shareholders approve Deere merger
By Lisa Kerner
Charlotte, N.C., May 3 - Lesco, Inc. shareholders approved the Feb. 19 agreement and plan of merger for the company to be acquired by Deere & Co. for $14.50 per share.
Roughly 78% of Lesco's common shares present and voting at the special meeting approved the agreement.
The company expects to close the transactions "as soon as practicable," according to a company news release.
Cleveland-based Lesco provides products for the professional green and pest control industries.
Deere, located in Moline, Ill., manufactures and distributes agricultural and commercial equipment.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.