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International Absorbents Gets Shareholder OK on Buyout

Posted on: May 13, 2010 by PEHub AdministratorNo Comments »

International Absorbents Inc. (NYSE IAX) shareholders have approved a $4.75 per share buyout by private equity firm Kinderhook Industries. International Absorbants makes consumer and commercial products derived from recycled, renewable materials.

Kinderhook Taking International Absorbents Private

Posted on: December 15, 2009 by PEHub AdministratorNo Comments »

Kinderhook Industries has agreed to acquire International Absorbents Inc. (NYSE: IAX) for approximately $30.38 million, or $4.74 per share (18.2% premium to yesterday’s closing price.). International Absorbents is a maker of environmentally-friendly pet care and industrial products.