Smith & Wesson to acquire Universal Safety Response

Fri. June 19, 2009; Posted: 02:45 PM

Jun 19, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- SWHC | Quote | Chart | News | PowerRating -- Smith & Wesson Holding Corporation, a manufacturer of firearms and accessories, has entered into a definitive agreement to acquire Universal Safety Response, Inc., a provider of security systems solutions, for a consideration of up to 9.7 million shares of common stock and $26.2 million in cash. Both the companies are based in the US.

Deal Value (US$ Million) 74.02
Deal Type                Acquisition
Sub-Category             Majority Acquisition
Deal Status              Announced: 2009-06-18

Deal Participants

Target (Company)   Universal Safety Response, Inc.
Acquirer (Company) Smith & Wesson Holding Corporation

Deal Rationale

The transaction would provide Smith & Wesson entry into the perimeter security market and expand its revenue base into commercial and non-firearms categories.

For full details on Smith & Wesson Hldg Corp (SWHC) click here. Smith & Wesson Hldg Corp (SWHC) has Short Term PowerRatings of 6. Details on Smith & Wesson Hldg Corp (SWHC) Short Term PowerRatings is available at This Link.

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