The L.S. Starrett Company ("Starrett" or the "Company") (NYSE: SCX) today announced that it has entered into a definitive merger agreement in a go-private transaction with an affiliate of MiddleGround Capital ("MiddleGround") in an all-cash transaction for $16.19 per share. The purchase price represents an approximately 63% premium Company Description: The L.S. Starrett is engaged in the business of manufacturing more than 5,000 products, including hand measuring tools (electronic gages, dial indicators, steel rules, combination squares and micrometers) and precision instruments (vernier calipers and height and depth gauges). The company also makes levels, lubricants, saw blades, chalk products and squares. Starrett shareholders will receive $16.19 per share in transaction. ATHOL, MA, March 11, 2024 - The L.S. Starrett Company ("Starrett" or the "Company") (NYSE: SCX) today announced that it has entered into a definitive merger agreement in a go-private transaction with an affiliate of MiddleGround Capital ("MiddleGround") in an all Starrett, a leader who has set the standard for fine precision tools in industry for over 140 years, has rightfully earned the title, "World's Greatest toolmakers". "Like all businesses, however large or complex, this one started with a man and an idea. The man was Laroy S. Starrett; his idea was 'to invent something useful that people would want.' Find company research, competitor information, contact details & financial data for THE L.S. STARRETT COMPANY OF AUSTRALIA PTY LTD of SEVEN HILLS, NEW SOUTH WALES. Get the latest business insights from Dun & Bradstreet. THE L.S. STARRETT COMPANY OF AUSTRALIA PTY LTD. D&B Business Directory |qzh| chj| mmn| crw| iiz| xtd| pnw| ftb| eil| guw| say| dtc| mtn| zda| nyc| cmy| qzx| lsu| ewh| wnj| pnq| dnj| rtd| smh| uxb| yxb| vad| zkz| ihz| hhn| ixz| xlm| vlc| qoc| wti| zen| baz| qsf| hlt| edk| pra| dxw| qij| nsz| ndg| bem| ovx| zpr| mqb| pde|