Brief: Sutron agrees to be bought by a Hach Environmental for $39 mln

Stran & Company

22/06/2015 12:37

June 22 (Reuters) - Sutron Corp  STRN.O : 
 * Agrees to be acquired by Hach Company affiliate for $8.50 per share 
 * Says total enterprise value of approximately $39 million 
 * Says Sutron board of directors has unanimously recommended that Sutron 
   shareholders accept and tender their shares into the offer 
 * Says Sutron would become a part of Hach Environmental, a group of companies 
   including OTT Hydromet and Sea-Bird Scientific 
 * Says purchase price of $8.50 per share 
 * Says transaction is expected to be completed in the third quarter of 2015 
 
 * Source text for Eikon  ID:nMKWPg2k5a  
 
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