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P&F INDUSTRIES, INC. ANNOUNCES COMPLETION OF ACQUISITION BY SHOREVIEW INDUSTRIES

Provided By PR Newswire

Last update: Dec 20, 2023

MELVILLE, N.Y., Dec. 20, 2023 /PRNewswire/ -- P&F Industries, Inc. ("P&F" or the "Company") (NASDAQ: PFIN) today announced the completion of its sale to ShoreView Industries ("ShoreView"). Under the terms of the transaction, P&F shareholders will receive $13.00 per share in cash. With the completion of the transaction, P&F's common stock has ceased trading and will no longer be listed on the NASDAQ Global Select Market.

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