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Refac Optical Group taken private following short-form merger
By Lisa Kerner
Charlotte, N.C., April 26 - Palisade Concentrated Equity Partnership, LP affiliate ROG Acquisition, Inc. completed a short-form merger transaction April 26 to take Refac Optical Group private for $6 per share.
ROG, which holds 91.4% of Refac stock, merged with and into the company, according to a company news release.
Refac will file a Form 15 with the Securities and Exchange Commission on April 30 terminating its status as a public company. The plan to take the Blackwood, N.J., retail optical chain private was announced Feb. 26.
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