POMONA, CA — Keystone Automotive Industries, Inc. has announced that it has set a record date of Aug. 30 for shareholders to vote on a previously announced merger agreement with LKQ Corp. in which LKQ will acquire Keystone for $48 per share in cash, representing an aggregate purchase price of approximately $811 million on a fully diluted basis.
The merger, pending approval by shareholders on a yet-to-be-determined date for a special meeting and regulatory approvals and other customary conditions, is expected to close early in the fourth quarter of calendar 2007.