Under the terms of the agreement, AOS will acquire all issued and outstanding shares of Marquee stock. Marquee stockholders will receive 1.67 shares of AOS common stock for every Marquee share.
In return, AOS will get a 51% stake in the combined company, New Marquee, with Marquee holding the rest.
Financial terms of the deal were not disclosed.
Both companies' boards have agreed to the plan.
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