Guardian Industries sold to Koch Industries' company #DetroitNews #MustSee

Tom Henderson - Auburn Hills-based Guardian Industries Corp. announced Monday that its shareholders have approved the sale of the company to KGIC Merger Corp., a wholly owned subsidiary of Wichita, Kan.-based Koch Industries Inc. The deal is a cash transaction for the 55.5 percent of outstanding shares of Guardian Industries' common stock not already owned by affiliates of Koch. Terms of the deal were not disclosed. "... we have benefited a great deal from Koch's robust guidance and infrastructure since its

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