Stockholders of Interline Brands Inc. (NYSE: IBI), MRO distributor and No. 15 on MDM’s list of the Top 40 Industrial Distributors, have voted to adopt the previously announced agreement to be acquired by affiliates of GS Capital Partners and P2 Capital Partners.
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Stockholders will get $25.50 per share in cash at close.
The merger is expected to be complete in the first two weeks of September.
Interline will become a privately held company and its stock will no longer trade on the New York Stock Exchange.