GlobeNewswire: Industrial Distribution Group, Inc. Contains the last 10 of 23 releaseshttp://www.globenewswire.com/External?Length=42024-03-28T10:00:11ZGlobeNewswirehttp://www.globenewswire.com/External?Length=4newsdesk@globenewswire.com (NewsDesk)https://www.globenewswire.com/news-release/2008/08/06/382798/148108/en/Industrial-Distribution-Group-Inc-Completes-Merger-for-Its-Acquisition-by-An-Affiliate-of-Luther-King-Capital-Management.html?f=22&fvtc=4&fvtv=6096Industrial Distribution Group, Inc. Completes Merger for Its Acquisition by An Affiliate of Luther King Capital Management2008-08-06T21:33:37Z<![CDATA[
ATLANTA, Aug. 6, 2008 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. ("IDG" or the "Company") (Nasdaq:IDGR), a leading nationwide supplier of maintenance, repair, operating and production (MROP) products and Flexible Procurement Solutions(tm) services to manufacturers and other industrial users, announced today that it has completed the merger by which the Company was acquired by Eiger Holdco, LLC ("Eiger"), an affiliate of Luther King Capital Management ("LKCM").
]]>https://www.globenewswire.com/news-release/2008/06/18/380130/144928/en/Industrial-Distribution-Group-Inc-Announces-That-Its-Stockholders-Have-Approved-the-Merger-With-An-Affiliate-of-Luther-King-Capital-Management.html?f=22&fvtc=4&fvtv=6096Industrial Distribution Group, Inc. Announces That Its Stockholders Have Approved the Merger With An Affiliate of Luther King Capital Management2008-06-18T21:25:13Z<![CDATA[ATLANTA, June 18, 2008 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. ("IDG" or the "Company") (Nasdaq:IDGR), a leading nationwide supplier of maintenance, repair, operating and production (MROP) products and Flexible Procurement Solutions(tm) services to manufacturers and other industrial users, announced today that its stockholders voted overwhelmingly at today's special stockholders meeting to approve the merger in which the Company will be acquired by Eiger Holdco, LLC, an affiliate of Luther King Capital Management ("LKCM"). With 82.8% of the total 9,605,080 eligible shares being voted, 7,956,181 shares (approximately 82.4% of the outstanding common stock, or 99.4% of those voting) approved the transaction. These shares included the 14.9% held by affiliates of LKCM.
]]>https://www.globenewswire.com/news-release/2008/05/16/378441/142847/en/Industrial-Distribution-Group-Inc-Reports-First-Quarter-2008-Results.html?f=22&fvtc=4&fvtv=6096Industrial Distribution Group, Inc. Reports First Quarter 2008 Results2008-05-16T11:00:00Z<![CDATA[ATLANTA, May 16, 2008 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. (Nasdaq:IDGR) today reported financial results for the first quarter ended March 31, 2008.
]]>https://www.globenewswire.com/news-release/2008/04/25/377115/141041/en/Industrial-Distribution-Group-Inc-Accepts-Definitive-12-10-Per-Share-Offer-From-Luther-King-Capital-Management.html?f=22&fvtc=4&fvtv=6096Industrial Distribution Group, Inc. Accepts Definitive $12.10 Per Share Offer From Luther King Capital Management2008-04-25T23:30:46Z<![CDATA[ATLANTA, April 25, 2008 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. ("IDG" or the "Company") (Nasdaq:IDGR), a leading nationwide supplier of maintenance, repair, operating and production (MROP) products and Flexible Procurement Solutions(tm) services to manufacturers and other industrial users, announced today, after the close of trading, that the Company will execute an Agreement and Plan of Merger with affiliates of Luther King Capital Management ("LKCM"), and thereby accept LKCM's $12.10 per share offer, prior to the expiration of the offer at 12:00 p.m., Eastern Time, on Saturday, April 26, 2008. The Company received notice from Platinum Equity Advisors, LLC ("Platinum Equity") late this afternoon that Platinum Equity would not exercise its right to match or exceed the LKCM offer.
]]>https://www.globenewswire.com/news-release/2008/04/23/376838/140717/en/Industrial-Distribution-Group-Inc-Receives-Definitive-Offer-to-Acquire-the-Company-At-12-10-Per-Share-From-Luther-King-Capital-Management.html?f=22&fvtc=4&fvtv=6096Industrial Distribution Group, Inc. Receives Definitive Offer to Acquire the Company At $12.10 Per Share From Luther King Capital Management2008-04-23T03:47:28Z<![CDATA[ATLANTA, April 22, 2008 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. ("IDG" or the "Company") (Nasdaq:IDGR), a leading nationwide supplier of maintenance, repair, operating and production (MROP) products and Flexible Procurement Solutions(tm) services to manufacturers and other industrial users, announced today, after the market close, that the Company has received a definitive offer from affiliates of Luther King Capital Management ("LKCM") to acquire all outstanding shares of the Company's stock for a price of $12.10 per share in cash to the Company's stockholders, an increase from LKCM's earlier proposed offer of $11.70 per share that was subject to due diligence. LKCM's definitive offer was conveyed by delivery of an executed Agreement and Plan of Merger (the "LKCM Merger Agreement"), along with an equity financing commitment letter from an LKCM investment fund.
]]>https://www.globenewswire.com/news-release/2008/04/22/376727/140585/en/Industrial-Distribution-Group-Inc-Announces-Increased-Acquisition-Offer-of-11-80-Per-Share-From-Platinum-Equity.html?f=22&fvtc=4&fvtv=6096Industrial Distribution Group, Inc. Announces Increased Acquisition Offer of $11.80 Per Share From Platinum Equity2008-04-22T11:00:00Z<![CDATA[WESCO Distribution, Inc. and Luther King Capital Management Permitted Until 3:00 p.m. Today to Propose Superior Offers ATLANTA, April 22, 2008 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. ("IDG" or the "Company") (Nasdaq:IDGR), a leading nationwide supplier of maintenance, repair, operating and production (MROP) products and Flexible Procurement Solutions(tm) services to manufacturers and other industrial users, announced today that Platinum Equity Advisors, LLC ("Platinum Equity") has agreed to increase its pre-existing price to acquire the outstanding shares of the Company's stock to $11.80 per share in cash, from its earlier $10.30 per share price. The increased price was made in an offer that included an executed amendment to the February 20, 2008 Agreement and Plan of Merger among affiliates of Platinum Equity and the Company (the "Platinum Merger Agreement"), which was delivered to the Company late afternoon yesterday, April 21, 2008. The Company has until 5:00 p.m., Eastern Time, today, at which time the offer from Platinum Equity will expire, to accept the increased price by executing that amendment.
]]>https://www.globenewswire.com/news-release/2008/04/16/376443/140256/en/Industrial-Distribution-Group-Inc-Prepares-to-Accept-Superior-Offer-of-11-75-Per-Share-to-Acquire-the-Company.html?f=22&fvtc=4&fvtv=6096Industrial Distribution Group, Inc. Prepares to Accept Superior Offer of $11.75 Per Share to Acquire the Company2008-04-16T22:25:57Z<![CDATA[Board Gives Notice of Intent to Change Recommendation of Platinum Equity Merger Agreement At $10.30 Per Share ATLANTA, April 16, 2008 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. ("IDG" or the "Company") (Nasdaq:IDGR), a leading nationwide supplier of maintenance, repair, operating and production (MROP) products and Flexible Procurement Solutions(tm) services to manufacturers and other industrial users, announced today that its Board of Directors intends to withdraw its recommendation of the pending acquisition of the Company by an affiliate of Platinum Equity Advisors, LLC ("Platinum Equity"), in order to accept and recommend the definitive offer received from WESCO Distribution, Inc. ("WESCO") to acquire the Company for a price of $11.75 per share in cash to the Company's stockholders. The pending acquisition by Platinum Equity, which was approved on February 20, 2008, would pay the Company's stockholders $10.30 per share in cash. The Board of Directors unanimously determined that the WESCO offer, which was made by delivery of an executed Agreement and Plan of Merger, is a "Superior Proposal" under the merger agreement between the Company and Platinum Equity.
]]>https://www.globenewswire.com/news-release/2008/04/07/375933/139671/en/Industrial-Distribution-Group-Inc-Considers-Unsolicited-Acquisition-Proposals.html?f=22&fvtc=4&fvtv=6096Industrial Distribution Group, Inc. Considers Unsolicited Acquisition Proposals2008-04-07T22:00:00Z<![CDATA[The Company Continues Its May 1, 2008 Schedule for Special Meeting of Stockholders to Vote On Proposed Acquisition by Platinum Equity ATLANTA, April 7, 2008 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. ("IDG" or the "Company") (Nasdaq:IDGR), a leading nationwide supplier of maintenance, repair, operating and production (MROP) products and Flexible Procurement Solutions(tm) services to manufacturers and other industrial users, announced today that its Board of Directors has determined to consider whether either of two recently-received, unsolicited acquisition proposals -- one with a proposed price of $11.70 per share, and the other with a proposed price of $11.00 per share, in cash to the Company's stockholders -- will result in a superior transaction relative to the previously announced proposed merger with an affiliate of Platinum Equity Advisors, LLC ("Platinum Equity") at a price of $10.30 per share in cash to the Company's stockholders. As discussed in more detail below, the Board of Directors has determined that each of the two proposals is credible and could reasonably lead to a superior transaction, and that fiduciary duties require the Board of Directors to permit both bidders to conduct due diligence and require the Company to discuss the respective proposals with the bidders.
]]>https://www.globenewswire.com/news-release/2008/02/28/373995/137234/en/Industrial-Distribution-Group-Inc-Reports-Fourth-Quarter-and-Full-Year-2007-Financial-Results.html?f=22&fvtc=4&fvtv=6096Industrial Distribution Group, Inc. Reports Fourth Quarter and Full Year 2007 Financial Results2008-02-28T11:58:00Z<![CDATA[ATLANTA, Feb. 28, 2008 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. (Nasdaq:IDGR) today reported operating results for the fourth quarter and year-ended December 31, 2007.
]]>https://www.globenewswire.com/news-release/2008/02/22/373732/136911/en/Industrial-Distribution-Group-Inc-Announces-Date-for-Fourth-Quarter-2007-Earnings-Conference-Call-and-Webcast.html?f=22&fvtc=4&fvtv=6096Industrial Distribution Group, Inc. Announces Date for Fourth Quarter 2007 Earnings Conference Call and Webcast2008-02-22T19:38:20Z<![CDATA[ATLANTA, Feb. 22, 2008 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. (Nasdaq:IDGR) will host a conference call and live webcast on Thursday, February 28, 2008 to discuss its fourth quarter and full year 2007 results. The Company's fourth quarter and full year 2007 results are planned to be released prior to the market open and conference call and webcast on that date.
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