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Hi-Shear Inks Merger Agreement.

Publication: Wireless News
Publication Date: 22-SEP-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Hi-Shear Inks Merger Agreement.(Hi-Shear Technology Corp. acquired with Chemring Group PLC)(Brief article)

Article Excerpt
Hi-Shear Technology announced that it has entered into a definitive merger agreement with Chemring Group whereby Chemring will acquire Hi-Shear in an all cash transaction valued at approximately $132.0 million.

The board of directors of Hi-Shear approved the transaction with Chemring, based, in part, upon the recommendation of a...

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