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: TechAgreements

Energyconnect Signs Definitive Agreement To Be Acquired BY Johnson Controls For $0.2253 Per Share All Cash Offer Represents 73% Premium To The March 2, 2011...

By TechAgreements

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"The terms of the merger agreement represent a great outcome for our shareholders," said Kevin R. Evans, president and Chief Executive Officer of EnergyConnect. "The $0.2253 per share acquisition price represents a significant cash premium of approximately 73 percent over the previous closing share price on March 2, 2011. Combining forces with Johnson Controls' extensive market reach would enable. read more

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Full post as published by TechAgreements on March 07, 2011 (boomark / email).

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