BUFFALO, N.Y., April 11, 2013 (GLOBE NEWSWIRE) -- MOD-PAC CORP. (Nasdaq:MPAC) (the "Company") announced that it has entered into a definitive merger agreement under which Kevin T. Keane, Chairman of the Company, and Daniel G. Keane, President and Chief Executive Officer of the Company, and their affiliates and associates (the "Buyer Group") will acquire the Company through Rosalia Capital LLC, an entity they control that was formed for the purposes of the acquisition.
MOD-PAC Corp.'s Board Of Directors Approves Offer To Acquire All Of The Company's Outstanding Shares Of Common Stock And Class B Stock For $8.40 Per Share In Cash
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