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News Breaks | | | | November 8, 2012 | | 08:37 EDT |  | TPCG | First Reserve, SK Capital announced revised agreement for TPC Group
First Reserve Corporation and SK Capital Partners have entered into a revised merger agreement with TPC Group, pursuant to which First Reserve and SK Capital have increased the per share price to acquire all of the outstanding shares of TPC to $45.00 in cash. The revised price represents a 12.5% increase over the previously agreed price of $40.00 per share announced on August 27, 2012. TPC has announced a special meeting of shareholders on December 5, 2012 to vote on the merger. | |
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