M&A
confidence high
sentiment neutral
materiality 0.85
Green Plains Partners unitholders approve merger with Green Plains Inc.; close expected Jan 9
Green Plains Inc.
- Holders of >62% of outstanding common units consented to the merger agreement by written consent.
- Merger expected to close on January 9, 2024; Partnership will become indirect wholly owned subsidiary of GPRE.
- Partnership common units to be delisted from Nasdaq effective Jan 10, 2024, and deregistered under Exchange Act.
- Merger agreement was announced September 16, 2023; transaction subject to customary closing conditions.