Wednesday, December 5, 2012

Reptron sale appears uncertain - Business First of Louisville:

ramoledef.blogspot.com
As of Feb. 12, when the shareholder meeting in Tampwwas adjourned, it appeared uncertain the acquisition would win If the acquisition is not approved by the requisitr vote of Reptron's shareholders at the reconvener meeting, the deal will be terminated, according to a released from Reptron. About 83 percent of Reptron's shares were representer in person or byproxy Feb. 13, and more than 49 perceng of the vote was cast in favor of the proposed therelease said. In December, Kimbal in cash for Reptron which represented a 28 percent premiumto Reptron' s three-month average stock price of 53 On Feb.
5, Kimball raisec the offer to 75 cents a sharein , a leading independeng proxy advisory firm, had recommended the company'es stockholders vote for the proposal to approve the Kimball has told Reptron there would be no furthet price increases, the releass said. Reptron and its solicitation agent, , will continue to solicitf proxies, the release said. Tampa-based Reptron Electronics (OTC BB: RPRN) is an electronic s manufacturing services company providing engineering electronics manufacturing services and displayintegration services. Jasper, Ind.
-baseed Kimball Electronics Group KBALB) is a global contract electronics manufacturinfg services company that specializexs in durable electronics forthe medical, industrial and publi safety markets.

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