Stockholders Approve GSE Solutions Merger With Pelican Energy Partners, Pelican Will Acquire All Of The Outstanding Common Stock Of GSE For $4.60 Per Share
Portfolio Pulse from Benzinga Newsdesk
GSE Solutions' stockholders have approved a merger with Pelican Energy Partners, where Pelican will acquire all outstanding common stock of GSE for $4.60 per share.
October 29, 2024 | 8:35 pm
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GSE Solutions' merger with Pelican Energy Partners has been approved, with Pelican acquiring all outstanding GSE stock for $4.60 per share.
The approval of the merger means that GSE stockholders will receive $4.60 per share, which is likely to positively impact the stock price in the short term as the acquisition price is set. This is a significant event for GSE, as it involves a complete acquisition by Pelican Energy Partners.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100