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Earl Scheib, Inc. Acquired by Kelly Capital, LLC for $2.00 Per Share in Cash Merger.

Publication: Mergers & Acquisitions Week
Publication Date: 20-MAY-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Kelly Capital, LLC, a San Diego-based private equity fund, announced the completion of its acquisition of Earl Scheib, Inc. (Pink Sheets:ESHB) for a purchase price of $2.00 per share in cash. This transaction, inclusive of debt assumed and transaction costs, is valued at approximately $16.7 million. Pursuant to the...

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