Gulf Island Fabrication Shareholders Approve Acquisition by IES Holdings, Stock to be Delisted from Nasdaq

Gulf Island Fabrication has received shareholder approval for its acquisition by IES Holdings, with the merger set to finalize on January 16. Following the completion, Gulf Island's stock will be delisted from Nasdaq. The company specializes in complex steel structures and marine vessels, with a market capitalization of approximately $191.66 million and a revenue of $166.77 million for the trailing twelve months.