In the merger, each outstanding share of Pameco common stock was converted into the right to receive $0.45 per share in cash.
“Pameco has now become a privately held company allowing all of the efforts of our management to be focused on building business with out customers,” said Dixon Walker, Pameco’s president and chief executive officer.
Additional information on Pameco can be found at www.pameco.com (website).
Publication date" 06/04/2001