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DewDiligence

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DewDiligence

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Re: DewDiligence post# 24353

Tuesday, 12/14/2021 9:41:40 AM

Tuesday, December 14, 2021 9:41:40 AM

Post# of 30505
NEOG to merge with 3M’s spun-off food-safety business in $9.3M deal:

https://www.sec.gov/Archives/edgar/data/0000066740/000119312521356172/d264913dex99.htm

The combination is structured as a Reverse Morris Trust that is non-taxable to 3M shareholders, who will receive shares of NEOG but no cash. The closing is expected in 3Q22.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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