The going-private transaction was completed through a merger, which makes the transaction mandatory for all shareholders under Minnesota law. Consequently, shareholders may only either surrender their shares for the cash payment of $9.15 per share or exercise their dissenters' rights under applicable provisions of Minnesota law.
The Minneapolis Rottlund Co. is a detached single- and multifamily housing developer with operations in the Twin Cities, Des Moines, IA, and Tampa, FL.
NOT FOR REPRINT
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
