|
|
News Breaks
|
January 11, 2010
|
| 17:42 EDT |  | ZRBA |
| theflyonthewall.com: | Zareba Systems to merge with Woodstream, shareholders to receive $9 per share | | Zareba Systems has signed a definitive agreement to merge with a subsidiary of Woodstream. Woodstream is majority-owned by private equity firms Brockway Moran & Partners and Code Hennessy & Simmons. Under the terms of the agreement, a newly-formed subsidiary of Woodstream will merge with and into Zareba, Zareba will become a wholly-owned subsidiary of Woodstream, and Zareba shareholders will receive $9 in cash for each outstanding share of Zareba common stock. This price represents a premium of approximately 100% over the closing price of Zareba stock on January 11. Zareba’s board and a special committee of Zareba’s disinterested directors have unanimously approved the agreement and the merger. The merger is expected to be completed in the first half of 2010 and is subject to Zareba shareholder approval and other customary closing conditions. :theflyonthewall.com |
|
|
News For ZRBA From The Last 14 Days Check below for free stories on ZRBA the last two weeks.
| Sign up for a free trial to see the rest of the stories you've been missing. |
There are no results for these search parameters.
|
|
|
|
