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"For LKQ Corp, this is a perfect acquisition. For a bargain basement price it gets all the benefits laid out above. . . Keystone is a great asset that has yet to perform to its full potential." Source: Saul Rubin, Portfolio Manager. Rockhampton Management U.K. LLP. July 19, 2007 The vote to approve the acquisition of Keystone by LKQ will be at 10:00am Wednesday morning (October 10, 2007.) It sounds like the vote is going to be really close. Keystone management issued a press release Wednesday saying 3 proxy advisory firms approve of the merger. Institutional Shareholder Services (ISS) on the other hand has come out against the merger.
...To view the entire article: Related Companies: Keystone Auto Parts LKQ Corp.
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