ATHOL, Mass., March 11, 2024--The L.S. Starrett Company ("Starrett" or the "Company") (NYSE: SCX) today announced that it has entered into a definitive merger agreement in a go-private transaction with an affiliate of MiddleGround Capital ("MiddleGround") in an all-cash transaction for $16.19 per share. The purchase price represents an approximately 63% premium to the closing stock price of the Company’s stock on March 8, 2024, the last trading day prior to announcing the transaction.
ATHOL, Mass., February 16, 2024--The L.S. Starrett Company (NYSE: SCX) ("Starrett" or "the Company") a global innovator, manufacturer and marketer of precision measuring tools, cutting tools and equipment, and high-end metrology solutions for industrial, professional, and consumer markets, today announced operating results for the quarter ended December 31, 2023.
Key Insights L.S. Starrett's significant individual investors ownership suggests that the key decisions are influenced...