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PW Eagle sets Feb. 28 as record date for J.M. Manufacturing merger vote
By Lisa Kerner
Charlotte, N.C., Feb. 23 - PW Eagle, Inc. set Feb. 28 as the record date for shareholders entitled to vote on the proposed merger of the company with a wholly owned subsidiary of J-M Manufacturing Co., Inc at its April 12 shareholders meeting.
Under the terms of the agreement, PW Eagle shareholders will receive $33.50 in cash for each share of PW Eagle common stock.
The companies announced a definitive merger agreement on Jan. 15, according to a company news release.
PW Eagle is an extruder of PVC pipe products located in Eugene, Ore.
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