Fenix Parts Begins Proxy Solicitation for Merger with Stellex Capital Management LP
FENIX PARTS (FENX)
US:NASDAQ Investor Relations:
ir.fenixparts.com
Company Research
Source: GlobeNewswire
WESTCHESTER, Ill., March 09, 2018 (GLOBE NEWSWIRE) -- Fenix Parts, Inc. (Pink Sheets:FENX), a leading recycler and reseller of original equipment manufacturer (“OEM”) automotive products (the “Company”), today announced that proxy materials have been mailed to stockholders of record as of the close of business on February 27, 2018 in order to allow them to vote on the proposed merger with an affiliate of Stellex Capital Management LP (“Stellex”). A copy of the proxy statement is available on the investor relations section of Fenix Parts’ website at www.fenixparts.com. Under the terms of the merger agreement, if approved by the stockholders, each Fenix Parts stockholder would be entitled to receive $0.40 per share in cash. The special meeting of stockholders will be held on April 9, 2018, at 9:00 a.m., Central Time, at Two Westbrook Corporate Center, Conference Center, Westchester, Illinois 60154. Stockholders of record may vote by attending the special meeting in person and voting
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