We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

$251M Animal Health Co. Merger Moves Forward

Law360 (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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.