My house is hot upstairs and cold downstairs - Winter - Spray Foam NYC
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My house is hot upstairs and cold downstairs - Spray Foam NYC
Spray polyurethane foam (SPF) insulation helps keep homes warm in the winter and cool in the summer. Because it is sprayed directly into the gaps, cracks and other surfaces that contribute to heat loss, it both insulates and air seals, offering one of the easiest and most effective ways of weatherizing existing homes and new construction. When installed following proper safety and handling guidelines, spray polyurethane foam can help
Icynene To Acquire Lapolla Industries For $1.03 Per Share In All Cash Transaction
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Strategic Combination to Create Industry-Leading Manufacturer and Distributor of Performance Spray Foam Insulation
Icynene U.S. Holding Corp. ("Icynene") and Lapolla Industries Inc. ("Lapolla") (OTCQX: LPAD) today announced that they have entered into a definitive merger agreement under which Icynene will acquire all the outstanding shares of Lapolla. The transaction is valued at approximately $160 million, including net debt.
Under the terms of the agreement, stockholders of Lapolla will receive $1.03 in cash for each share of Lapolla that they own. The transaction was unanimously approved by Lapolla's board of directors and, following Lapolla's entry into the agreement, Lapolla stockholders holding approximately 78% of Lapolla's issued and outstanding voting shares executed a written consent approving the merger agreement and the transaction.
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