Caxton-Iseman Buys Valley National Gasses

Caxton-Iseman Capital has agreed to acquire Valley National Gasses Inc. (AMEX: VLG) for $27 per share. The total deal is valued at approximately $312 million, including around $63 million in assumed debt. Valley National is an independent U.S. distributor of industrial, medical and specialty gases delivered in “packaged” or cylinder form, related welding equipment and supplies and non-pipeline propane.www.vngas.com