HANDY & HARMAN LTD. Unaudited Pro Forma Condensed Combined Financial InformationForma Condensed Combined Financial • December 15th, 2016 • Handy & Harman Ltd. • Coating, engraving & allied services
On September 30, 2016, SL Montevideo Technology, Inc. ("SMTI"), an indirect wholly-owned subsidiary of Handy & Harman Ltd. ("HNH" or the "Company"), entered into an asset purchase agreement ("Purchase Agreement") with Hamilton Sundstrand Corporation ("Hamilton"). Pursuant to the Purchase Agreement, on September 30, 2016, SMTI acquired from Hamilton certain assets of its Electromagnetic Enterprise division ("EME"). The unaudited pro forma condensed combined statements of operations for the fiscal year ended December 31, 2015 and for the nine months ended September 30, 2016 combine the historical statements of operations of HNH and EME for each of those periods, respectively, giving effect to HNH's acquisition of EME as if it had occurred on January 1, 2015. An unaudited pro forma balance sheet has not been presented as the acquisition has already been fully reflected in the consolidated balance sheet included in the Company's Quarterly Report on Form 10-Q for the nine months ended Septe
