AD and IMARK Electrical Announce Intent to Merge
In a move that is expected to positively affect the future of independent electrical distribution, AD and IMARK Electrical announce their intent to merge. The AD Board of Directors and the IMARK Electrical Boards of Directors are pleased to jointly announce that after many months of confidential discussions and extensive due diligence, both Boards have unanimously voted to merge IMARK Electrical and AD. The transaction is subject to IMARK Electrical shareholder approval, among other things, and is expected to close later this year.