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-0.0294117647058824 -0.0294117647058824 -0.0294117647058824 -0.0294117647058824 -0.154411764705882 -0.207720588235294 -0.207720588235294 -0.213235294117647
Stock impact report

Inrad Optics To Be Acquired by Luxium Solutions for $19 Million

INRAD OPTICS INC (INRD) 
Company Research Source: Business Wire
Inrad Optics stockholders to receive $1.10 per share in cashSK Capital and Edgewater Capital Partners bring 35+ year investment track record with significant experience in leading material science industrial growth companies HIRAM, Ohio & NORTHVALE, N.J.--(BUSINESS WIRE)--Inrad Optics, Inc. (OTCMKTS:INRD) (“Inrad Optics” or the “Company”), a provider of advanced optical components, assemblies and systems, today announced that it has entered into a definitive merger agreement to be acquired by Luxium Solutions (“Luxium”), an affiliate of private equity firms SK Capital Partners (“SK Capital”) and Edgewater Capital Partners (“Edgewater”), in an all-cash transaction that values Inrad Optics at approximately $19 million, including assumed debt.Following the close of the transaction, Inrad Optics will remain a U.S.-controlled and operated company. Luxium, SK Capital and Edgewater are each headquartered in the United States and have a demonstrable track record as responsible owners of bu Show less Read more
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