Latest Keystone Consolidatd (KYCN) Headlines
Post# of 1
CONTRAN ANNOUNCES COMPLETION OF SHORT-FORM MERGER WITH RESPECT TO KEYSTONE CONSOLIDATED INDUSTRIES
Thomson Reuters ONE - Mon Jul 22, 4:42PM CDT
Dallas, TX -July 22, 2013 -- Contran Corporation announced today that it has completed the short-form merger of Keystone Consolidated Industries, Inc. (OTC Market OTQQB, Symbol: KYCN) with KYCN Acquisition Corporation, a wholly-owned subsidiary of Contran ("Merger Sub"), newly formed for the sole purpose of completing such merger. Following the merger, Keystone, as the survivor, has become a wholly-owned subsidiary of Contran. As a result of the merger, each share of common stock of Keystone not owned by Contran or Merger Sub immediately prior to completion of the merger was automatically converted into the right to receive $9.00 per share in cash, without interest. Instructions for surrendering stock certificates will be set forth in a Letter of Transmittal and accompanying Notice of Merger and Appraisal Rights and Surrender Form, which will be mailed to stockholders of record of Keystone as of 5:00 p.m. Eastern Time on July 22, 2013, which was the effective date and time of the merger, within ten calendar days following the effective date of the merger. Stockholders of Keystone, other than Contran and Merger Sub, will be paid for their shares of Keystone common stock held immediately prior to the effective date of the merger promptly after their completion of necessary applicable documentation, as outlined in the Letter of Transmittal and accompanying Notice of Merger and Appraisal Rights and Surrender Form.
Keystone Consolidated Industries: CONTRAN ANNOUNCES NEW EXPECTED COMPLETION DATE OF SHORT-FORM MERGER WITH RESPECT TO KEYSTONE CONSOLIDATED INDUSTRIES
Thomson Reuters ONE - Thu Jul 11, 4:29PM CDT
Dallas, TX -July 11, 2013 -- Contran Corporation announced today that it now expects to complete the short-form merger of Keystone Consolidated Industries, Inc. (OTC Market OTQQB, Symbol: KYCN) with KYCN Acquisition Corporation, a wholly-owned subsidiary of Contran ("Merger Sub"), newly formed for the sole purpose of completing such merger, on July 22, 2013, or as soon as practical thereafter. As previously reported, following the merger, Keystone, as the survivor, would become a wholly-owned subsidiary of Contran. As a result of the merger, each share of common stock of Keystone not owned by Contran or Merger Sub immediately prior to completion of the merger will be automatically converted into the right to receive $9.00 per share in cash, without interest. Instructions for surrendering stock certificates will be set forth in a Letter of Transmittal and accompanying Notice of Merger and Appraisal Rights and Surrender Form, which will be mailed to stockholders of record of Keystone as of 5:00 p.m. Easte
KEYSTONE REPORTS FIRST QUARTER OPERATING RESULTS
Thomson Reuters ONE - Tue May 14, 2:46PM CDT
DALLAS, TEXAS . . . May 14, 2013 . . . Keystone Consolidated Industries, Inc. (OTCQB: KYCN), reported operating income before pension and other postretirement benefit ("OPEB") credits for the first quarter of 2013 of $5.8 million, which was lower than the operating income before pension and OPEB in the first quarter of 2012 of $8.9 million primarily due to the net effects of the following factors:
KEYSTONE ANNOUNCES PRELIMINARY RESULTS FOR FIRST QUARTER 2013
Thomson Reuters ONE - Fri May 10, 9:51AM CDT
DALLAS, TEXAS . . . May 10, 2013 . . . Keystone Consolidated Industries, Inc. (OTCQB: KYCN), today announced that it expects to report operating income before pension and other postretirement benefit ("OPEB") credits for the first quarter of 2013 of $5.8 million, which is lower than the operating income before pension and OPEB in the first quarter of 2012 of $8.9 million primarily due to the net effects of the following factors:
KEYSTONE REPORTS FOURTH QUARTER 2012 OPERATING RESULTS
Thomson Reuters ONE - Thu Mar 14, 1:47PM CDT
DALLAS, TEXAS . . . March 14, 2013 . . . Keystone Consolidated Industries, Inc. (OTCQB: KYCN), reported an operating loss before pension and other postretirement benefit ("OPEB") credits for the fourth quarter of 2012 of $2.4 million, which approximated the operating loss of the fourth quarter of 2011 as a higher selling price margin over ferrous scrap costs and lower incentive compensation expense was offset by increased costs associated with optimizing operations at one of Keystone's segments.