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BRIEF-Allied Defense Group agrees to be bought by Chemring Group
Tue, 19th Jan 2010 08:27
Jan 19 (Reuters) - Allied Defense Group Inc, The:
* The Allied Defense Group announces definitive merger agreement with Chemring
Group PLC
* Says Chemring has agreed to acquire co in an all-cash transaction valued at
$7.25 per share
* Says purchase price a premium of 54 percent over the closing price on January
15, 2010
* Says deal is expected within 90 days
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here)
COPYRIGHT
Copyright Thomson Reuters 2010. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* The Allied Defense Group announces definitive merger agreement with Chemring
Group PLC
* Says Chemring has agreed to acquire co in an all-cash transaction valued at
$7.25 per share
* Says purchase price a premium of 54 percent over the closing price on January
15, 2010
* Says deal is expected within 90 days
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here)
COPYRIGHT
Copyright Thomson Reuters 2010. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
