Team Inc's SEC filings, annual report and proxy and quarterly results can be found under "Financial Information." To receive printed materials by postal mail, please complete the form located on the web site under "Printed Materials."
Furmanite Corporation began in the 1950s as Kaneb Pipe Line Company. In 1972, it began trading on the New York Stock exchange as Kaneb Services, Inc. Furmanite International was purchased by Kaneb Services, Inc. in 1991. In 2001, Kaneb Services, Inc. became Xanser Corporation subsequent to the spin-off of pipeline assets that started the company. In December 2005, the acquisition of the services assets from Flowserve was finalized and then in May 2007 the name changed to Furmanite Corporation to reflect the significant technical services operations. In each of these name changes no surrender of certificates was required, therefore a Kaneb Services, Inc. certificate today represents the stated number of shares of Furmanite Corporation.
On February 29, 2016, Furmanite Corporation was merged into a subsidiary of Team, Inc. and shareholders were entitled to receive 0.215 shares of Team, Inc. stock for each whole share of Furmanite Corporation.
Furmanite shareholders were entitled to receive 0.215 shares of Team, Inc. stock for each whole share of Furmanite Corporation stock. Contact Computershare Investor Services, the company’s transfer agent. They can be reached at www.computershare.com, 800-368-5948, 781-575-4223.
Correspondence should be mailed to:
P.O. Box 505000
Louisville, KY 40233
Overnight correspondence should be sent to:
462 South 4th Street, Suite 1600
Louisville, KY 40202
In 2001, Kaneb Services Inc. changed its name to Xanser Corporation as a result of the distribution of the pipeline and terminating assets. Your certificate represented Furmanite stock and see above with regard to Furmanite Stock.