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Jun. 12, 2018 / PRZen / DE PERE, Wis. -- choose worker smash room furniture from methods furniture, Inc.In a quick-paced workplace environment, one of the most choicest the way to in the reduction of stress is to walk into your employee cafeteria and take a wreck. At techniques furnishings, we design spaces which are enjoyable, collaborative and add the "wow element" to the office. Our employee smash room furnishings alternate options will have your personnel saying "sure, I wish to work right here."
employee damage room furnishings alternatives are a hit in Northeast WisconsinCafé vogue– present numerous eating alternatives together with restaurant compartments, café top tables and stools that invite personnel to collaborate over a cup of espresso. systems furnishings can reveal you an array of items from Falcon and Surfaceworks.
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source: methods furniture
December 20, 2013 18:22 ET | source: Tufco applied sciences, Inc.
green BAY, Wis., Dec. 20, 2013 (GLOBE NEWSWIRE) -- Tufco technologies, Inc. (Nasdaq:TFCO) introduced nowadays that it has signed a definitive merger contract with entities affiliated with Griffin Holdings, LLC ("Griffin"), which gives that Griffin entities will acquire Tufco for $6.07 per share in cash pursuant to a money soft present and 2d step merger. The Board of administrators of Tufco has unanimously permitted the transaction and suggested that Tufco's stockholders tender their shares within the tender present. Bradford task partners, L.P., Tufco's biggest stockholder, has agreed to smooth within the tender offer shares representing 14.9% of Tufco's surprising shares as of the date hereof.
The expense per share represents a premium of 19.0% over the closing share fee on December 20, 2013, and 17.8% over the 90-day extent-weighted standard closing share fee as of the same day. in addition, the cost per share represents a premium of forty two.eight% over the current 52-week-low closing share rate, which came about on December 26, 2012.
"This transaction will bring to Tufco's stockholders sure bet of value and liquidity, automatically upon closing," pointed out Jim Robinson, Tufco's President and CEO and a member of its Board of directors. "Tufco's board of directors arrived on the determination to enter right into a transaction with Griffin after a radical evaluate of Tufco's strategic options, which blanketed the contacting of a lot of strategic events and economic sponsors, as part of an intensive competitive bidding manner. We trust that Griffin evidently knows our markets and that this transaction will permit Tufco to continue to focus on delivering excessive first-rate items and services to our consumers. We seem to be ahead to the subsequent part of our company following the closing of the transaction."
under the terms of the merger settlement, a subsidiary of Griffin will start a money tender present to buy all of the fabulous shares of Tufco's typical stock for $6.07 per share within 20 days. The merger contract provides that, as soon as achievable after the closing of the soft present, any shares not tendered within the soft present (aside from shares for which appraisal is correctly sought beneath applicable legislation) may be acquired in a 2nd-step merger on the identical money price as paid within the tender offer. The closing of the gentle present is area to popular terms and prerequisites, together with the tender of a number of shares that constitutes at least a majority of Tufco's dazzling shares of typical inventory (on a totally diluted foundation) and receipt via associates of Griffin of financing below definitive financing commitments delivered to Tufco. The merger agreement includes a provision below which Tufco has agreed now not to solicit any competing offers for the company. The events expect the delicate offer to close immediately after the completion of the delicate present.
Mesirow economic, Inc. is performing as exclusive fiscal consultant to Tufco, and Dechert LLP is serving as Tufco's prison tips. Cooley LLP is serving as Griffin's legal information.
Tufco technologies, Inc., based in 1992, offers integrated manufacturing capabilities together with moist wipe converting, broad net flexographic printing, scorching soften adhesive laminating, folding, integrated downstream packaging, fine and microbiological system administration, and manufactures and distributes company imaging paper products. The business has develop into a leading issuer of contract manufacturing and specialty printing functions, and enterprise of cost-delivered customized paper items. The company's major executive workplaces are located at 3161 South Ridge highway, green Bay, WI 54304/PO box 23500, green Bay, WI 54305-3500, and its mobilephone number is (920) 336-0054. For additional info in regards to the enterprise, please consult with www.tufco.com.
This press release includes ahead-searching statements within the meaning of the private Securities Litigation Reform Act of 1995 that contain significant dangers and uncertainties. All statements, apart from old records protected in this press unencumber, including statements regarding the timing and the closing of the tender present and merger transactions; the potential of Griffin to finished the transactions due to the fact that the numerous closing conditions; and any assumptions underlying any of the foregoing, are forward searching statements. These intentions, expectations, or effects may no longer be done sooner or later and a considerable number of important components might cause actual effects or movements to vary materially from the ahead-looking statements that Tufco makes, together with uncertainties as to the timing of the smooth offer and merger; uncertainties as to what number of of Tufco's stockholders will soft their stock within the present; the probability that competing presents could be made; the probability that a considerable number of closing circumstances to the transactions may additionally no longer be convinced or waived, together with that a governmental entity may additionally restrict or lengthen the consummation of the transaction; that there is a material adverse exchange of Tufco; different enterprise outcomes, including the results of business, economic or political circumstances outside of Tufco's control; transaction expenses; precise or contingent liabilities. moreover, ahead-looking statements contain the colossal dangers and uncertainties described greater completely in Tufco's periodic experiences filed with the Securities and change fee ("SEC"), including present studies on kind eight-okay, quarterly experiences on form 10-Q and annual reviews on kind 10-ok. Given these uncertainties, make sure to now not region undue reliance on these ahead-searching statements, which practice best as of the date of this press unencumber.
There could be movements sooner or later that Tufco is unable to predict accurately, or over which it has no manage. Tufco's enterprise, economic circumstance, consequences of operations and prospects can also change. Tufco may no longer replace these ahead-searching statements, in spite of the fact that its situation might also alternate sooner or later, until it has duties beneath the Federal securities laws to replace and divulge cloth developments concerning in the past disclosed assistance. Tufco qualifies all the information contained during this press unlock, and particularly these ahead-looking statements, by way of these cautionary statements.
The soft offer described during this release has no longer yet commenced, and this release is neither a proposal to purchase nor a solicitation of a proposal to promote securities. at the time the gentle offer is commenced, associates of Griffin will cause a new wholly owned subsidiary, Packers Acquisition Sub, Inc., to file with the SEC a tender present observation on time table TO. traders AND TUFCO STOCKHOLDERS ARE STRONGLY recommended TO read THE soft offer commentary (together with a suggestion TO buy, LETTER OF TRANSMITTAL AND related gentle present documents), as it may well be AMENDED every now and then, AND THE linked SOLICITATION/suggestion observation ON schedule 14D-9, because it may well be AMENDED sometimes, THAT will be FILED by means of TUFCO WITH THE SEC, as a result of they're going to contain crucial information. These files might be available at no cost on the SEC's web page at www.sec.gov. a replica of the gentle offer statement and the solicitation/advice observation might be made accessible to all stockholders of Tufco freed from charge at www.tufco.com or by using contacting Tufco technologies, Inc. at PO box 23500, eco-friendly Bay, Wisconsin 54305-3500, telephone number (920) 336-0054.
in addition to the present to purchase, the connected letter of transmittal and sure other offer documents, as smartly because the solicitation/advice observation, Tufco info annual, quarterly and particular reports, proxy statements and other counsel with the SEC. You can also study and copy any experiences, statements or different assistance filed by way of Tufco on the SEC public reference room at one hundred F road, N.E., Washington, D.C. 20549. Please name the SEC at 1-800-SEC-0330 for additional advice on the general public reference room. Tufco's filings with the SEC are also available to the public from business document-retrieval capabilities and at the web site maintained by means of the SEC at www.sec.gov.
green BAY, Wis. - Dennis VanLaarhoven, 61, green Bay, died Thursday, Jan. 30, 2003, at a local hospital.
He became born April three, 1941, in Coleman, son of Adrian and Myrtle (Keith) VanLaarhoven. Dennis married the former Donna Andre, on Feb. 24, 1968, at St. John Lutheran Church, De Pere.
Dennis served his nation in the U.S. military within the 101st Airborne. He labored for Wisconsin Public service from 1967 to 1981. Dennis then worked for the Montana energy Co. for 10 years and taught classes on power Plant startup and operations, and changed into influential within the development of apparatus coupling for cooling towers. Dennis became an impartial advisor and wrote articles for power Engineering magazine regarding vibration analysis for cooling towers. Dennis additionally labored on naval ships and submarines. His company took him everywhere the realm including: India, Singapore, Korea, and Taiwan. He was a very industrious, compassionate, and caring person.
some of Dennis's activities encompass fly-tying, carpentry, camping, hunting, fishing, cooking, gardening, and enjoyed spending time together with his grandchildren. He turned into a member of the Moose inn, and served as Junior Governor, and was also a member of Colstrip school Board.
Survivors include his wife, Donna, green Bay; little ones: Roger John VanLaarhoven, Billings, Mont., Kevin Peter VanLaarhoven and his toddlers, Leah, Jordan, Megan and Rhett, of Shepherd, Mont., Kimberly Marie and Kurt Taurman and son, Levi, of Gig Harbor, Wash., Kay Lynne and Eric Mathews and their sons, Dillon and Gabrial, Billings, Adrian Joseph VanLaarhoven, eco-friendly Bay, Andre Keith VanLaarhoven, eco-friendly Bay; trade scholar, Ilkka "Ike" Oksanen, Finland; brothers and sisters, Mary Ann VanLaarhoven (Cimicud), of eco-friendly Bay, Linda and Al Urbaniak, of Peshtigo, Dean and Judy VanLaarhoven, Greenville, Ann and Terry Hageman, eco-friendly Bay, DonaldVanLaarhoven, Lena; and nieces and nephews additionally live on. Dennis become preceded in death by his first spouse, Sharon Sjveda; his father, Adrian; a brother, Dave; and aunts and uncles.
Funeral provider turned into held Monday, Feb. three, at faith Lutheran Church, with the Rev. Peter A. Speckhard officiating. Cotter Funeral domestic, De Pere, is helping the family. (920) 336-8702
Dennis had an extremely clever mind, making him an asset to many agencies around the world, but his smooth and caring heart made him a treasure at domestic.
He could be enormously neglected.