GSE Solutions Encourages Stockholders To Vote 'FOR' The AMENDED Merger

Author: Benzinga Newsdesk | October 22, 2024 08:12am

 GSE Solutions ("GSE Systems, Inc." or "GSE") (NASDAQ:GVP), a leader in advanced engineering solutions that supports the future of clean-energy production and decarbonization initiatives of the power industry, announced today that it wished to thank all of its stockholders who have already voted overwhelmingly in favor of its merger with an affiliate of Pelican Energy Partners ("Pelican") in an all-cash transaction (the "Merger"). Following the amendment to increase merger consideration, GSE now reminds stockholders that, under the terms of the amended merger agreement, which was unanimously approved by the board of the directors of GSE, Pelican will acquire all the outstanding shares of GSE for an estimated total cash consideration of $4.60 per share.

Posted In: GVP