OM Group Stockholders Urged to Approve Merger Transaction

Reading time ( words)

OM Group, Inc. today announced that both proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis & Co., LLC have recommended that their clients vote FOR adoption of the merger agreement dated May 31, 2015 among the Company and funds managed by affiliates ofApollo Global Management, LLC and a wholly-owned subsidiary of Platform Specialty Products at the Special Meeting of Stockholders on August 10, 2015.

The Merger Agreement provides OM Group stockholders with a cash price of $34.00 per share, representing an approximately 28% premium above OM Group's closing share price on May 29, 2015, the last trading day prior to the announcement of the merger.

"We are pleased that both ISS and Glass Lewis have recommended that our stockholders vote FOR the acquisition of the Company by Apollo.  We look forward to our stockholders' support for the transaction at our Special Meeting of Stockholders on August 10," said Joe Scaminace, Chairman and Chief Executive Officer of OM Group.

About OM Group

OM Group is a technology-driven diversified industrial company serving attractive global markets, including automotive systems, electronic devices, aerospace and defense, industrial and medical. Its business platforms use innovation and technology to address customers' complex applications and demanding requirements. For more information, visit the Company's website at



Suggested Items

Blackfox Trains Veterans for Good Manufacturing Jobs

02/18/2020 | Real Time with...IPC
Blackfox Training Institute has been training manufacturing technologists for over 20 years. Based in Longmont, Colorado, Blackfox is now focused on helping veterans of our armed services transition into good jobs in the manufacturing sector. During IPC APEX EXPO 2020, Editor Nolan Johnson spoke with Blackfox CEO Al Dill about the company's veteran training programs, and how this effort is helping companies fill jobs that might otherwise go unfilled.

UV-curable Materials and Conformal Coatings

12/23/2019 | Pete Starkey, I-Connect007
Pete Starkey and Phil Kinner, global business and technical director, coatings division, Electrolube, discuss the characteristics and benefits of the company’s new UV-cured conformal coatings. Phil also describes the development of coatings for critical avionics applications and Electrolube’s collaboration with the U.K. National Physical Laboratory to establish a new condensation test.

Reliability Testing in Automotive and Digital Factories

12/11/2019 | Barry Matties, I-Connect007
Barry Matties spoke with Gen3’s Andrew Naisbitt about what readers should know about SIR and CAF testing, what to consider if you’re thinking of bringing it in-house, and how reliability testing fits into automotive and the digital factory.

Copyright © 2020 I-Connect007. All rights reserved.