On June 21, 2012, Imperial Sugar Company became a wholly-owned subsidiary of Louis Dreyfus Commodities Sugar Holdings LLC following a tender offer and merger. At the time of the merger, all shares of Imperial Sugar common stock ceased to exist or be outstanding, and the shares are delisted from trading on the NASDAQ. Holders of Imperial Sugar common stock at the time of the merger are entitled to receive merger consideration of $6.35 per share in cash without interest, less any applicable withholding tax.
Founded in 1851, Louis Dreyfus Commodities is a family-owned business. Throughout our history the descendants of our founder, Leopold Louis-Dreyfus, have led or been deeply involved in our operations helping our continued expansion into new markets and product lines, and organizing our business to meet changing customer demands. The Group we are today continues to gain from experiences and relationships our forbearers created.