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PHOENIXSuntron Corp. announced its 90% stockholder, SUNN Acquisition Corp., has nearly completed all necessary measures to take the EMS provider private.
 
Suntron intends to delist its common stock from the Nasdaq SmallCap Market. Suntron has not arranged for listing its common stock on another national securities exchange or for quotation of its common stock in a quotation medium. The announcement was first made Oct. 3.
 
As previously disclosed, Suntron decided to go private through the short-form merger of SUNN with and into Suntron, pursuant to Section 253 of the Delaware General Corp. Law.
 
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