Accuride Corporation – a leading supplier of components to the North American and European commercial vehicle industries – announced that, based on the votes cast at the Company’s Special Meeting of Shareholders held previously, Accuride’s shareholders voted to approve the proposed transaction with Crestview Partners (“Crestview”).
Under the terms of the Merger Agreement with Crestview Partners, except as otherwise provided, Accuride shareholders will receive $2.58 in cash for each share of Accuride common stock they own.
With approval by Accuride shareholders, all approvals required to complete the proposed merger have been received. Accuride and Crestview expect to complete the transaction on November 18, 2016.
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