Waiting period ends for Armor, BAE affiliate merger; shareholder vote set for July 25

By Lisa Kerner

Charlotte, N.C., July 18 - The Federal Trade Commission granted early termination of the Hart-Scott-Rodino waiting period in the proposed merger of Armor Holdings, Inc. and Jaguar Acquisition Sub, Inc., a wholly owned subsidiary of BAE Systems, Inc.

Armor stockholders are slated to vote on the merger at a special meeting to be held on July 25. The record date of the meeting is June 26, according to a form 8-K filing with the Securities and Exchange Commission.

On May 7, Armor agreed to be acquired by BAE Systems for $4.1 billion, or $88 per share, in a one-step merger.

Armor, based in Jacksonville, Fla., manufactures branded products for the military, law enforcement and personnel safety markets.

BAE Systems plc is a London-based defense contractor. BAE Systems Inc. is based in Rockville, Md.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.