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J-M Manufacturing and PW Eagle Announce Merger
January 2007
J-M Manufacturing Company, Inc. and PW Eagle, Inc. (NASDAQ: PWEI), manufacturers of plastic pipe, fittings and tubing products, today announced that they have signed a definitive merger agreement under which J-M Manufacturing will acquire all of the outstanding common shares of PW Eagle for $33.50 per share in cash. The transaction represents an implied total equity value of approximately $400 million.
