MPW Merger is Approved
15 September 2006 - 8:12AM
PR Newswire (US)
HEBRON, Ohio, Sept. 14 /PRNewswire-FirstCall/ -- MPW Industrial
Services Group, Inc. (NASDAQ:MPWG) announced today that the "going
private" merger of Noir Acquisition Corporation, a privately held
corporation wholly-owned by Monte R. Black, MPW's founder, Chairman
and Chief Executive Officer, and his family, with and into MPW was
approved by the shareholders of MPW. The merger is expected to be
consummated by September 22, 2006. Founded in 1972, MPW Industrial
Services Group, Inc. is a leading provider of integrated,
technically-based industrial cleaning and related facilities
support services in North America. MPW offers four principal
service lines that are integral to a wide variety of manufacturing
processes. These four service lines are industrial cleaning,
facility maintenance and support services, industrial container
cleaning and industrial process water purification. The statements
contained in this news release that are forward-looking are based
on current expectations that are subject to a number of
uncertainties and risks, and actual results may differ materially.
The uncertainties and risks include, but are not limited to,
competitive and other market factors, customer purchasing behavior,
general economic conditions and other facets of the Company's
business operations. Additional information about these and other
risks and uncertainties can be found in "Investment Considerations"
in the Company's Annual Report on Form 10-K for the fiscal year
ended June 30, 2005; and in other documents the Company files or
has filed with the Securities and Exchange Commission. Further
information may also be obtained at the Company's Internet site:
http://www.mpwservices.com/. DATASOURCE: MPW Industrial Services
Group, Inc. CONTACT: Robert Valentine, Vice President, Chief
Operating Officer and Chief Financial Officer of MPW Industrial
Services Group, Inc., +1-740-927-8790 Web site:
http://www.mpwservices.com/ Company News On-Call:
http://www.prnewswire.com/comp/126032.html
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