With Third Dividend, Gryphon More than Makes Back Its Investment in Intelligrated
We have some dividend news today. Gryphon Investors has completed its third dividend recap of Intelligrated, an automated materials handling company based in Mason, Ohio. Intelligrated, in February, was in the market for a $125 million term loan plus a $30 million revolver. Bank of America Merrill Lynch led the deal, reported Thomson Reuters Loan Pricing Corp. Proceeds of the transaction were used to refinance debt, LPC said at the time.
1 March 2011•1 min read
