Divestiture Sep 2015 · Dallas, Texas Verified
Capital Southwest to Spin Off CSW Industrials
Capital Southwest Corporation approved the spin-off of its industrial products businesses into CSW Industrials, Inc. through a pro rata distribution of shares to Capital Southwest stockholders. The distribution is expected to be completed on September 30, 2015.
“On September 8, 2015, the Board of Directors of Capital Southwest approved the spin-off of certain of its industrial products businesses through the pro rata distribution of shares of CSWI to holders of Capital Southwest’s common stock at the close of business on September 18, 2015 (the “Share Distribution”). The Share Distribution is expected to be completed on September 30, 2015.”
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