Quinpario Acquisiton Corp (QPAC) 10.16 $QPAC
Quinpario Acquisition Corp. and Jason Incorporated Receive U.S. Antitrust Clearance in Regard to Pending Acquisition
GlobeNewswire - Thu Apr 03, 4:38PM CDT
Quinpario Acquisition Corp. (Nasdaq:QPAC) (Nasdaq:QPACU) (Nasdaq:QPACW) ("Quinpario"
and Jason Incorporated today announced that their request for early termination of the required waiting period with respect to filings made under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR Act", in connection with the previously announced proposed business combination has been granted. Quinpario announced a definitive agreement to acquire Jason Incorporated on March 17, 2014. The early termination of the HSR Act waiting period satisfies one of the conditions to the closing of the pending acquisition. The closing of the transaction is expected to be completed in the second quarter of 2014, pending shareholder approval, and remains subject to other customary closing conditions.
Quinpario Acquisition Corp. Receives Commitments to Purchase $45 Million of Preferred Stock
GlobeNewswire - Tue Apr 01, 6:49PM CDT
Quinpario Acquisition Corp. (Nasdaq:QPAC), (Nasdaq:QPACU), (Nasdaq:QPACW) ("Quinpario" today announced it has entered into commitment agreements with certain institutional investors pursuant to which such investors collectively agreed to purchase $45 million in shares of a newly authorized 8.0% Series A Convertible Perpetual Preferred Stock. Pursuant to the terms of the commitment letters, this investment is to be consummated simultaneously with the closing of the recently announced acquisition of Jason Incorporated, a parent company of a global family of diversified manufacturing companies. The proceeds from the sale of this preferred stock issuance may be used to help consummate the acquisition and to fund future organic and inorganic growth opportunities.
Quinpario Acquisition Corp. Announces Agreement to Acquire Jason Incorporated
GlobeNewswire - Mon Mar 17, 8:06AM CDT
Quinpario Acquisition Corp. (Nasdaq:QPAC) (Nasdaq:QPACU) (Nasdaq:QPACW) ("QPAC" today announced it has reached a definitive agreement to acquire Jason Incorporated ("Jason" or the "Company", from Saw Mill Capital LLC, Falcon Investment Advisors, LLC and other investors. Jason is a global family of market-leading manufacturing businesses within the finishing, seating, components and automotive acoustics markets. The purchase price of $538.65 million will be funded by the cash proceeds from QPAC's initial public offering, new debt and rollover equity invested by the current owners and management of Jason. The acquisition is expected to be completed in the second quarter of 2014, pending regulatory and shareholder approval, and satisfaction of customary closing conditions.
Quinpario Acquisition Corp. and Jason Incorporated Receive U.S. Antitrust Clearance in Regard to Pending Acquisition
GlobeNewswire - Thu Apr 03, 4:38PM CDT
Quinpario Acquisition Corp. (Nasdaq:QPAC) (Nasdaq:QPACU) (Nasdaq:QPACW) ("Quinpario"
and Jason Incorporated today announced that their request for early termination of the required waiting period with respect to filings made under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR Act", in connection with the previously announced proposed business combination has been granted. Quinpario announced a definitive agreement to acquire Jason Incorporated on March 17, 2014. The early termination of the HSR Act waiting period satisfies one of the conditions to the closing of the pending acquisition. The closing of the transaction is expected to be completed in the second quarter of 2014, pending shareholder approval, and remains subject to other customary closing conditions. Quinpario Acquisition Corp. Receives Commitments to Purchase $45 Million of Preferred Stock
GlobeNewswire - Tue Apr 01, 6:49PM CDT
Quinpario Acquisition Corp. (Nasdaq:QPAC), (Nasdaq:QPACU), (Nasdaq:QPACW) ("Quinpario"
today announced it has entered into commitment agreements with certain institutional investors pursuant to which such investors collectively agreed to purchase $45 million in shares of a newly authorized 8.0% Series A Convertible Perpetual Preferred Stock. Pursuant to the terms of the commitment letters, this investment is to be consummated simultaneously with the closing of the recently announced acquisition of Jason Incorporated, a parent company of a global family of diversified manufacturing companies. The proceeds from the sale of this preferred stock issuance may be used to help consummate the acquisition and to fund future organic and inorganic growth opportunities. Quinpario Acquisition Corp. Announces Agreement to Acquire Jason Incorporated
GlobeNewswire - Mon Mar 17, 8:06AM CDT
Quinpario Acquisition Corp. (Nasdaq:QPAC) (Nasdaq:QPACU) (Nasdaq:QPACW) ("QPAC"
today announced it has reached a definitive agreement to acquire Jason Incorporated ("Jason" or the "Company", from Saw Mill Capital LLC, Falcon Investment Advisors, LLC and other investors. Jason is a global family of market-leading manufacturing businesses within the finishing, seating, components and automotive acoustics markets. The purchase price of $538.65 million will be funded by the cash proceeds from QPAC's initial public offering, new debt and rollover equity invested by the current owners and management of Jason. The acquisition is expected to be completed in the second quarter of 2014, pending regulatory and shareholder approval, and satisfaction of customary closing conditions. 
