HIG Capital To Acquire Allion For $278M
H.I.G. will purchase Allion from its stockholders at $6.60 per share. The deal is expected to close in the first quarter of 2010.
The acquisition is subject to customary closing conditions, including antitrust and regulatory reviews, as well as approval by a majority of Allion's shareholders.
“Our agreement with H.I.G. provides a compelling all-cash premium to our shareholders,”...
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