(Reuters) - July 2 - Reddy Ice Holdings Inc. , a maker of packaged ice, said it agreed to be acquired by certain funds managed by hedge fund GSO Capital Partners LP in a deal with a total value of about $1.1 billion. The purchase price of $31.25 a share in cash represents a premium of about 9.6 percent over the stock's Friday close of $28.52, Reddy Ice said in a statement.
The transaction is expected to close in the fourth quarter of 2007.
Read more at Reuters.com Mergers News
The transaction is expected to close in the fourth quarter of 2007.
Read more at Reuters.com Mergers News
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