{"id":30126,"date":"2012-08-28T11:28:32","date_gmt":"2012-08-28T15:28:32","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=30126"},"modified":"2012-08-28T11:28:33","modified_gmt":"2012-08-28T15:28:33","slug":"video-tpc-group-will-be-acquired-by-investment-firms","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/08\/28\/video-tpc-group-will-be-acquired-by-investment-firms\/","title":{"rendered":"VIDEO: TPC Group Will Be Acquired By Investment Firms"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vffe588bb430920b046f7f55a8bdee8c46838d64f&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vffe588bb430920b046f7f55a8bdee8c46838d64f&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Rubber and fuel company TPC Group Inc. has come to a deal to be acquired by two separate investment firms, taking it private. For the two firms, First Reserve Corp. and SK Capital Partners, the deal is worth close to $627 million. The agreement sees the two investment firms paying $40 a share to stockholders, a 1% premium over Friday&#8217;s close price. The deal has not been approved yet, with only 22% of shareholders giving it the OK as of right now. According to Bloomberg, TPC plans a special meeting to seek the approval of its remaining shareholders.<\/p>\n<p><img src='http:\/\/images.grab-media.com\/financial_news_network\/2012\/08\/28\/1_kzy08fc2_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/images.grab-media.com\/financial_news_network\/2012\/08\/28\/1_kzy08fc2_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rubber and fuel company TPC Group Inc. has come to a deal to be acquired by two separate investment firms, taking it private. For the two firms, First Reserve Corp. and SK Capital Partners, the deal is worth close to $627 million. The agreement sees the two investment firms paying $40 a share to stockholders, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/08\/28\/video-tpc-group-will-be-acquired-by-investment-firms\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;VIDEO: TPC Group Will Be Acquired By Investment Firms&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-30126","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/30126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=30126"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/30126\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=30126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=30126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=30126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}