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0 -0.000726744186046496 0 0.00236191860465121 0.00399709302325592 0.00726744186046522 0.0090843023255814 0.0123546511627908
Stock impact report

Zurn Water Solutions Stockholders Pave Way for Combination With Elkay Manufacturing

Zurn Elkay Water Solutions Corporation (ZWS) 
Company Research Source: Business Wire
MILWAUKEE--(BUSINESS WIRE)--Zurn Water Solutions Corporation (NYSE: ZWS) announced that, at a Special Meeting today, its stockholders voted to approve the issuance of shares of Zurn common stock necessary to complete the previously announced combination with Elkay Manufacturing Company. As approved today, stockholders of Elkay Manufacturing will receive up to 52.5 million newly issued shares of Zurn Common Stock. Zurn’s stockholders also voted to increase the number of authorized shares available for award under the Zurn Water Solutions Corporation Performance Incentive Plan by 1,500,000 shares.“We are pleased to see our stockholders’ strong support of the transaction with Elkay,” said Todd A. Adams, Chairman and CEO of Zurn Water Solutions. “Since the transaction was announced in February, robust integration planning efforts have been underway, and we continue to believe we will be able to capitalize on the significant synergies the combination will generate. The newly created Zu Show less Read more
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