Independent leaf tobacco dealers DIMON Incorporated and Standard Commercial Corporation today jointly announced that they have entered into a definitive merger agreement. Under the terms of the agreement, Standard Commercial common shareholders would receive three shares of DIMON common stock for each share of Standard Commercial common stock.
Wyrick Robbins has served as legal counsel to Standard Commercial since 1997, helping it raise over $300 million in debt and equity financing, and advising it on SEC filings and mergers and acquisitions, among other things.