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Aegion Board Determines Unsolicited Third-Party Proposal Could Reasonably Be Expected To Result In A “Superior Proposal”

Published: 03/22/2021 12:58 GMT
(AEGN) - Aegion Board of Directors Determines Unsolicited Third-party Proposal Could Reasonably Be Expected to Result in a “superior Proposal”.
Aegion Corp - Under Terms of Third-party Proposal, Third Party Would Acquire All Outstanding Shares of Aegion Common Stock for $28.50 per Share in Cash.
Aegion Corp - Plans to Enter Into a Confidentiality Agreement and Engage in Diligence Activities and Discussions With Third Party.
Aegion Corp - There Can Be No Assurance That Discussions With Third Party Will Result in Determination That Third-party Proposal is Superior Proposal.