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Adams Resources & Energy, Inc. Stockholders Approve Acquisition by an Affiliate of Tres Energy LLC
AEAE(US:AE) GlobeNewswire News Roomยท2025-01-29 19:12

Core Points - Adams Resources & Energy, Inc. announced that its stockholders approved the acquisition by an affiliate of Tres Energy LLC, with stockholders set to receive $38.00 per share in cash [1][2] - Approximately 77% of the outstanding shares were voted, with over 76% approving the merger [2] Company Overview - Adams Resources & Energy, Inc. is involved in crude oil marketing, transportation, terminalling and storage, as well as tank truck transportation of liquid chemicals and dry bulk [7] - The company operates through subsidiaries including GulfMark Energy, Inc., Service Transport Company, and others [7] Tres Energy Overview - Tres Energy LLC is a privately held company that invests in and operates strategic energy assets across the United States [8]