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Stock impact report

Lawson Products Announces Stock Purchase by LKCM Headwater Investments

Lawson Products, Inc. (LAWS) 
Last lawson products, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)-- Lawson Products, Inc., (NASDAQ: LAWS) a distributor of products and services to the MRO marketplace, today announced that an affiliate of LKCM Headwater Investments, the private equity arm of Luther King Capital Management, has agreed to acquire the remaining 1,713,787 shares of Lawson Products common stock owned by Dr. Ronald Port and Mr. James Errant, both members of the founding family of the company, and their affiliates and related parties. LKCM Headwater Investments has agreed to acquire the shares at $32 per share, increasing the collective ownership of LKCM Headwater Investments and other affiliates of Luther King Capital Management from approximately 29% to approximately 48% of total shares outstanding. The transaction is expected to close early in the first quarter of 2019. Lawson Products will not receive any proceeds from the transaction. “I want to thank th Show less Read more
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