HOUSTON, April 28 /PRNewswire-FirstCall/ -- ICO, Inc.
(Nasdaq: ICOC), global producer of custom polymer powders and
plastic film concentrates, today announced that it held its special
meeting of shareholders to vote on the proposed merger with A.
Schulman, Inc. (Nasdaq: SHLM). ICO is pleased to report that
its shareholders approved the merger by the requisite vote, and the
transaction is expected to close on April
30, 2010.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20030509/ICOCLOGO)
About ICO, Inc.
With 20 locations in 9 countries, ICO produces custom polymer
powders for rotational molding and other polymer related
businesses, such as the textile, metal coating and masterbatch
markets. ICO remains an industry leader in size reduction,
compounding and other tolling services for plastic and non-plastic
materials. ICO's Bayshore Industrial subsidiary produces specialty
compounds, concentrates and additives primarily for the plastic
film industry. Additional information about ICO, Inc.
can be found on the Company's website at
www.icopolymers.com. Contact: CFO –
Bradley T. Leuschner at
713-351-4100.
"Safe Harbor" Statement under the Private Securities
Litigation Reform Act of 1995
A number of the matters discussed in this press release that are
not historical or current facts deal with potential future
circumstances and developments, in particular, whether and when the
transactions contemplated by the merger agreement will be
consummated. The discussion of such matters is qualified
by the inherent risks and uncertainties surrounding future
expectations generally, and also may materially differ from actual
future experience involving any one or more of such
matters. Such risks and uncertainties include: the
failure to satisfy conditions to the closing of the merger
contemplated by the merger agreement; and the risks that are
described from time to time in A. Schulman's and ICO's respective
reports filed with the SEC, including A. Schulman's annual report
on Form 10-K for the year ended August 31,
2009, and quarterly report on Form 10-Q for the quarter
ended February 28, 2010, and ICO's
annual report on Form 10-K for the year ended September 30, 2009, and quarterly report on Form
10-Q for the quarter ended December 31,
2009, in each case, as such reports may have been
amended. This document speaks only as of its date, and
A. Schulman and ICO each disclaims any duty to update the
information herein.
Should one or more of such risks or uncertainties materialize,
or should underlying assumptions prove incorrect, actual results
may vary materially from those indicated. Any forward-looking
statements are made only as of the date of this press release, and
the Company undertakes no obligation to publicly update any such
forward-looking statements to reflect subsequent events or
circumstances.
SOURCE ICO, Inc.