Sierra Monitor to be acquired by MSA Safety for $3.25/share cash (55% premium)

Sierra Monitor Corporation signed a definitive agreement to be acquired by MSA Safety Incorporated, becoming an indirect wholly owned subsidiary, with each SMC share converting to $3.25 cash, a 55% premium to the March 28, 2019 closing price.

“Sierra Monitor Corporation has signed a definitive agreement to be acquired by MSA Safety Incorporated, a global safety equipment manufacturer. Under terms of the agreement, Sierra Monitor Corporation will become an indirect wholly owned subsidiary of MSA Safety.”

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