MONTVALE, N.J., Sept. 2, 2016 /PRNewswire/ -- AEP Industries Inc. AEPI, a manufacturer, marketer and distributor of an extensive range of flexible plastic packaging products for the food/beverage, industrial and agricultural markets, announced today that it will release fiscal third quarter 2016 earnings results prior to the opening of business on Friday, September 9, 2016.
On August 25, 2016, the Company announced that it entered into a definitive merger agreement under which Berry Plastics Group, Inc. BERY will acquire all of the outstanding shares of AEP in a cash and stock transaction valued at $765 million, including AEP's net debt. In light of the pending transaction, the Company will not hold a conference call following issuance of its fiscal 2016 third quarter earnings release. For more information related to the transaction, please refer to the Company's filings with the Securities and Exchange Commission.
About AEP
AEP manufactures, markets, and distributes an extensive range of flexible plastic packaging products for the consumer, industrial, and agricultural markets with net sales of $1.1 billion in fiscal 2015. AEP's headquarters is located in Montvale, New Jersey, and AEP has manufacturing operations in the United States and Canada. AEP's common stock is listed on the NASDAQ under the ticker symbol AEPI. For additional information, visit AEP's website at http://www.aepinc.com.
Contact: |
Paul M. Feeney |
Executive Vice President, Finance | |
and Chief Financial Officer | |
AEP Industries Inc. | |
(201) 807-2330 | |
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SOURCE AEP Industries Inc.
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