April 12, 2018 / 11:57 AM / 3 months ago

BRIEF-Genuine Parts Says Essendant Must Pay Termination Fee Of $12 Mln Under Certain Circumstances

April 12 (Reuters) - Genuine Parts :

* IF DEAL TERMINATED BECAUSE APPROVAL IS NOT OBTAINED AT ESSENDANT STOCKHOLDER MEETING, ESSENDANT TO REIMBURSE CO FOR EXPENSES UP TO $3 MILLION

* DEAL WITH ESSENDANT PROVIDES ESSENDANT MUST PAY CO TERMINATION FEE OF $12 MILLION ON TERMINATION OF AGREEMENT UNDER CERTAIN CIRCUMSTANCES Source text: (bit.ly/2qqjCkU) Further company coverage:

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