Sunair Rejected Masssey Service’s Bid

Sunair Services, parent company of Middleton Pest Control in Florida, quietly filed a Form 8-K with the Securities and Exchange Commission in early October disclosing that it had engaged in discussions concerning an offer to buy all of its issued and outstanding common stock from Massey Services, Inc.  Sunair said that it had formed a special committee of its board to study the offer with the help of an independent financial advisor.  Sunair reported that it had rejected the offer because of unacceptable conditions and that it had had determined that the offer did not provide sufficient value for its shareholders.