Macquarie infrastructure corporation announces agreement to sell mic hawaii; completes pursuit of strategic alternatives

New york--(business wire)--macquarie infrastructure corporation (nyse: mic) (“mic” or “the company”) today announced the culmination of its strategic alternatives process by signing a merger agreement with an affiliate of argo infrastructure partners, lp (“argo”). at closing the company's mic hawaii businesses will become a wholly-owned subsidiary of argo for expected consideration of $3.83 per unit. the transaction is expected to close in the first half of 2022. mic hawaii comprises primarily
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