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News Breaks | | | | August 13, 2012 | | 08:26 EDT |  | LNAGF, LNCR | Linde completes acquisition of Lincare Holdings
Linde Group (LNAGF) announced that it has successfully completed its previously announced acquisition of Lincare Holdings (LNCR). As a result of the transaction, Lincare has become a wholly owned indirect subsidiary of Linde. Today, Linde acquired all the remaining issued and outstanding shares of Lincare common stock by means of a short-form merger in which all such shares were converted into the right to receive the same $41.50 per share in cash that was paid in the tender offer. In order to accomplish the short-form merger, Linde exercised its "top-up" option to purchase additional shares of Lincare common stock directly from the company. Lincare's common stock will no longer be listed on the Nasdaq Global Select Market. | |
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