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APII |
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The two companies recently announced a non-binding Letter of Intent (LOI) to combine the operations of the two companies through the acquisition of all NewMarket outstanding common stock by Action Products in exchange for APII common stock. APII Chairperson, Warren Kaplan, said, "overall the brands in our portfolio continue to perform well. His background as an analyst and investment banker should be helpful to APII in exploring merger/ acquisition candidates and other possible profitable growth opportunities. |
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