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BAE Systems Completes Acquistion of Armor Holdings Inc.
31 July
WASHINGTON – BAE Systems today completed its acquisition of Armor Holdings Inc. (Armor Holdings), after receiving all required shareholder and regulatory approvals. The company announced it had entered into a definitive merger agreement to acquire Armor Holdings on May 7, 2007 in a transaction valued at approximately U.S. $4.532 billion (£2.275 billion). Under the terms of the merger agreement, Armor Holdings shareholders will receive $88.00 for each share of Armor Holdings common stock held at closing, without interest.
