Sierra Monitor to be acquired by MSA Safety in all-cash deal

Sierra Monitor Corporation signed a definitive agreement to be acquired by MSA Safety, becoming an indirect wholly owned subsidiary. Shareholders receive $3.25 cash per share, a 55% premium.

“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.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.