Post Transaction Positioning: Tecumseh will remain a standalone business with its headquarters unchanged at the close of the proposed transaction. In addition, Tecumseh will continue to operate its global technology centers and manufacturing facilities in North America, South America, Europe and Asia.

Tecumseh will become a privately held company and will be delisted from the NASDAQ Stock Market, strengthening the Company's ability to focus on growing the business, launching new products and enhancing customer service levels. Tecumseh's senior management is expected to remain in place post transaction close.

Citi is serving as the Company's financial advisor, while Honigman Miller Schwartz and Cohn LLP is serving as its legal advisor. Willkie Farr & Gallagher LLP is serving as legal advisor to Mueller Industries and Atlas Holdings.

Transaction Close Process & Timing: The acquisition is subject to customary closing conditions, including a majority of the outstanding shares having been tendered in the tender offer and the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.

The transaction is expected to be completed in the third quarter of 2015.
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