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Stockholders Approve GSE Solutions Merger With Pelican Energy Partners, Pelican Will Acquire All Of The Outstanding Common Stock Of GSE For $4.60 Per Share

Author: Benzinga Newsdesk | October 29, 2024 03:35pm

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 its stockholders overwhelmingly approved its merger with an affiliate of Pelican Energy Partners ("Pelican"). Pursuant to the terms of the merger agreement, dated August 8, 2024 and amended October 20, 2024 ("Merger Agreement"), Pelican will acquire all of the outstanding common stock of GSE for $4.60 per share.

Posted In: GVP


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