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Stock Market & Financial Investment News

News Breaks
December 8, 2011
06:32 EDTECL, NLCEcolab reports final merger consideration election terms
Ecolab (ECL) announced the results of the stock-cash merger consideration elections made by the stockholders of the Nalco Holding Company (NLC) in accordance with the terms of the merger agreement between Ecolab and Nalco. Based on the election results and the terms of the merger agreement: For Nalco shares for which cash elections were made or deemed to have been made, shareholders will receive 100% of their consideration in cash; and for Nalco shares for which stock elections were made, shareholders will receive approximately 94% of their consideration in shares of Ecolab common stock and the balance in cash. In the aggregate, Ecolab will pay approximately $1.6B in cash and issue approximately 68.3 million shares of common stock pursuant to the merger.
News For ECL;NLC From The Last 14 Days
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April 23, 2015
11:43 EDTECLEcolab management to meet with Jefferies
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April 16, 2015
19:46 EDTECLEcolab to acquire Travelers North Tower in St. Paul, MN, terms not disclosed
Ecolab (ECL) has signed a purchase agreement to acquire the 17-story North Tower from Travelers (TRV) in downtown St. Paul, MN. The transaction is expected to close in Q3, and by the end of 2018, Ecolab will relocate all associates from the three buildings that comprise its world headquarters in downtown St. Paul to the North Tower. Financial terms of the agreement are not being disclosed.

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