Sorbent Technologies Shareholders Agree to Acquisition by Albemarle (PR Newswire)

Thursday July 24, 6:03 pm ET TWINSBURG, Ohio, July 24 /PRNewswire-FirstCall/ -- Sorbent Technologies Corporation (Pink Sheets: SORB.PK - News ) announced today that its shareholders have approved the agreement of merger with Albemarle Corporation today at a special meeting. Subject to the satisfaction of various conditions precedent, the acquisition is expected to close on or about July 31, 2008. About Sorbent Technologies Corporation Sorbent Technologies is a full-service power plant mercury control provider, supplying a variety of specialty mercury sorbents, the advanced sorbent injection systems that utilize them, and mercury testing and demonstration services. Learn more about Sorbent Technologies at http://www.SorbentTechnologies.com About Albemarle Corporation Albemarle Corporation, headquartered in Baton Rouge,... [read full story]