Grace Shareholders Approve Transaction with Standard Industries Holdings

COLUMBIA, Md., Sept. 17, 2021 (GLOBE NEWSWIRE) — W. R. Grace & Co. (NYSE: GRA) (the “Company”) today announced that, at a Special Meeting of Shareholders held today, the Company’s shareholders approved a proposal to adopt the merger agreement (the “Merger Agreement”) between Grace and an affiliate of Standard Industries Holdings Inc., under which Standard Industries Holdings will acquire all of the outstanding shares of Grace common stock for $70.00 per share in cash.

 

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