Stockholders Approve GSE Solutions Merger with Pelican Energy Partners

Written by Emily J. Thompson, Senior Investment Analyst

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Source: Newsfilter

Updated: Oct 29 2024

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Source: Newsfilter

Merger Approval: GSE Solutions' stockholders have overwhelmingly approved a merger with Pelican Energy Partners, with approximately 95.18% voting in favor of the transaction, which will see Pelican acquire GSE for $4.60 per share.
Future Operations: The merger is expected to close around October 31, 2024, and GSE's CEO expressed optimism about continuing to support customers in the power industry post-merger.

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.

Stockholders Approve GSE Solutions Merger with Pelican Energy Partners

About the author

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