Hi-Crush Partners LP Unitholders Approve Conversion to a C-Corporation to Be Named Hi-Crush Inc.
HI-CRUSH PARTNERS (HCLP)
Last hi-crush partners earnings: 5/7 04:13 pm
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=251388&p=irol-irhome_pf
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Source: GlobeNewswire
Conversion expected to enable further diversification, enhance growth potential and expand shareholders’ rightsHi-Crush Inc.’s common stock to begin trading under the ticker symbol HCR on the New York Stock Exchange on June 3, 2019 HOUSTON, May 22, 2019 (GLOBE NEWSWIRE) -- Hi-Crush Partners LP (NYSE: HCLP), “Hi-Crush” or the “Partnership”, announced today that unitholders approved the proposed Plan of Conversion (the “Conversion”) at the Special Meeting of Unitholders held on May 22, 2019. Pursuant to the Conversion, after the market close on May 31, 2019, the outstanding common units representing limited partner interests in the Partnership (the “Units”) will each be exchanged for one share of common stock, par value $0.01 per share, (the “Common Stock”) of Hi-Crush Inc. (the “Corporation”). Unitholders will receive, in exchange for their Units, 100% of the Common Stock to be outstanding immediately following the Conversion. Beginning on June 3, 2019, the Corporation’s Common Sto
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