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Kratos, Henry Bros. deal closes

December 16, 2010SSN Staff

SAN DIEGO—Kratos Defense & Security Solutions announced Dec. 16 that it has completed its acquisition of Henry Bros. Electronics. Under the terms of the transaction, HBE stockholders will receive $8.20 in cash for each share of HBE common stock they own. The close was delayed for a few days as the result of a settlement of a lawsuit. It was originally scheduled to close Dec. 9. A Dec. 16 Kratos statement notes that “HBE is a leading pure play provider of homeland security solutions, products,...

B. Riley and Company, Ben Goodwin, Eric DeMarco, Henry Bros. Electronics, Kratos Defense & Security Solutions

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