New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 24, 2012
11:17 EDTSTRNSutron Corp consummates acquisition of IPS MeteoStar
Sutron Corporation has consummated the transaction to acquire substantially all of the commercial and operating assets of IPS MeteoStar for a cash purchase price of $4.175M, subject to a partial escrow to secure certain representations and warranties.
News For STRN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
June 22, 2015
07:41 EDTSTRNSutron agrees to be acquired by Hach Company affiliate for $8.50 per share
Sutron and Hach Company are pleased to announce the entry into a definitive merger agreement, pursuant to which an affiliate of Hach Company will acquire Sutron by making a cash tender offer to acquire all outstanding shares of common stock of Sutron, at a purchase price of $8.50 per share, for a total enterprise value of approximately $39M, net of cash. Sutron would become a part of Hach Environmental, a group of companies including Ott Hydromet and Sea-Bird Scientific, that serves customers with high quality and reliable instruments focused on environmental monitoring solutions for natural resource and oceanographic applications. The addition of Sutron to the group is expected to provide many benefits, including the addition of core technologies in satellite communications, advanced air quality instrumentation, and highly sophisticated meteorological software solutions. The Sutron board has unanimously recommended that Sutron shareholders accept and tender their shares into the offer. The offer is subject to customary conditions, including tender of 66 2/3 percent of the outstanding shares into the offer, on a fully diluted basis, and the absence of a material adverse change with respect to Sutron. The transaction is expected to be completed in Q3.
07:39 EDTSTRNSutron agrees to be acquired by Hach Company affiliate for $8.50 per share
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use