M&A
confidence high
sentiment neutral
materiality 1.00
ATRION CORP: M&A transaction — Atrion completes merger with Nordson; shareholders receive $460/share
ATRION CORP
- Merger closed August 21, 2024; each share converted to $460 cash, no interest.
- Company becomes wholly owned subsidiary of Nordson Corporation.
- Shares to be delisted from Nasdaq; Form 25 and Form 15 to be filed with SEC.
- All prior directors and officers (Preston G. Athey, Emile A. Battat, etc.) resigned; replaced by Nordson appointees Stephen Lovass, Jennifer McDonough, Anand Patel.
- Credit agreement with Wells Fargo terminated and all outstanding indebtedness repaid.