LLC will absorb Amalgamated Sugar in a merger.

Amalgamated shareholders would be entitled to receive 2.8 shares of a new issue of LLC common stock for each share of Amalgamated common stock; LLC shareholders would be entitled to one share of new LLC common stock for each five shares of LLC common. Dallas-based LLC makes steel wire products, locks and stamped metal products and, through subsidiaries, is engaged in fast-food operations. Headquartered in Ogden, Utah, Amalgamated produces refined sugar and byproducts from sugar beets and, through subsidiaries, is involved in forest products operations.