Adams Resources & Energy, Inc. Shareholders Approves Acquisition By Tres Energy LLC Affiliate
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 30 2025
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Source: Business Insider
Merger Approval: Adams Resources & Energy, Inc. stockholders have approved the acquisition by Tres Energy LLC, with over 76% voting in favor during a special meeting.
Financial Details: Stockholders will receive $38.00 per share in cash, and the merger is expected to close in early February 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
