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SPAR Group Affirms Intent to Close Highwire Merger
SGRPSPAR (SGRP) GlobeNewswire News Room·2024-12-11 21:00

Core Points - SPAR Group's stockholders approved the merger with Highwire Capital on October 25, 2024, with a merger consideration of $2.50 per share [1][2] - The merger is an all-cash transaction, and the agreement was established on August 30, 2024 [2] - SPAR Group's management expresses commitment to completing the transaction and delivering value to shareholders [3] Company Overview - SPAR Group, Inc. provides merchandising, marketing, and distribution services, focusing on improving brand experiences and transforming retail spaces [5] - Highwire Capital aims to transform middle-market businesses by integrating innovative technologies with traditional operating models, driving efficiency and fostering industry advancements [4]