Adams Resources & Energy, INC DEF 14A proxy statements
Proxy statements, covering the matters put to shareholders at the annual meeting — board elections, auditor ratification and executive pay.
Adams Resources & Energy is voluntarily supplementing its proxy statement related to its merger with Tres Energy in response to stockholder lawsuits challenging the adequacy of disclosures.
Adams Resources & Energy reports that Parent company Tres Energy LLC has assigned its rights and obligations under the previously announced Merger Agreement to ARE Equity Corporation.
Adams Resources & Energy stockholders will vote on a proposed merger with Tres Energy LLC, where each share would be converted into $38 in cash.
Adams Resources & Energy has agreed to be acquired by an affiliate of Tres Energy LLC for $38 per share in cash, taking the company private.
Adams Resources & Energy, Inc. has agreed to be acquired by an affiliate of Tres Energy LLC in an all-cash transaction valuing the company at approximately $138.9 million, with stockholders receiving $38.00 per share.
Adams Resources & Energy will hold its annual shareholder meeting on May 6, 2024, to vote on director elections, executive compensation, auditor ratification, and other business.