$251M Animal Health Co. Merger Moves Forward

Law360, New York (April 26, 2011, 4:38 PM EDT) -- Veterinary product distributor Animal Health International Inc. announced Tuesday that the waiting period under the Hart-Scott-Rodino Act had expired with respect to the company's $251 million merger with Lextron Inc.

On March 14, Animal Health and Lextron announced the $4.25-per-share deal — which includes $111 million in cash and the assumption of $140 million in Animal Health debt — representing an 11 percent premium over Animal Health’s closing stock price the previous day.

“This merger provides an opportunity for us to collectively create the country’s premier...
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