Feb 17 LMI Aerospace Inc <\/p>\n
* LMI Aerospace enters into merger agreement to be acquired by Sonaca Group <\/p>\n
* Under agreement, LMI shareholders will receive $14 per share in an all-cash transaction <\/p>\n
* Offer represents a 52 percent premium over LMI's closing share price on Feb. 16, 2017, of $9.19 per share <\/p>\n
* In connection with merger agreement, Sonaca has obtained debt and equity financing commitments <\/p>\n
* LMI Aerospace - Upon transaction close, lmi will operate as LMI Aerospace - a Member of Sonaca Group, with headquarters remaining in St. Louis. <\/p>\n
* Korte will continue to serve as LMI Aerospace CEO and will report directly to Delvaux <\/p>\n
* Lazard served as financial advisors to LMI; Credit Suisse served as financial advisors to Sonaca <\/p>\n
* LMI's independent directors unanimously approved transaction <\/p>\n
Source text for Eikon: <\/p>\n
Further company coverage: <\/p>\n
* Monotype announces fourth quarter and full year 2016 results <\/p>\n
* Researchers reported that hs-410, in combination with bcg, continues to be generally well-tolerated <\/p>\n
Feb 17 Enbridge Inc , Canada's largest pipeline company, reported a 3.4 percent fall in fourth-quarter profit, hurt by charges, including for asset impairment and restructuring. <\/p>\n
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BRIEF-LMI Aerospace to be acquired by Sonaca Group - Reuters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Feb 17 LMI Aerospace Inc * LMI Aerospace enters into merger agreement to be acquired by Sonaca Group * Under agreement, LMI shareholders will receive $14 per share in an all-cash transaction * Offer represents a 52 percent premium over LMI's closing share price on Feb. Continue reading