MSA SAFETY INCORPORATED (NYSE:MSA) Files An 8-K Other Events
Item 8.01Other Events
On March 28, 2019, MSA Safety Incorporated (“MSA” or “Company”) and Gateway Merger Sub, Inc., an indirect wholly owned subsidiary of MSA, entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Sierra Monitor Corporation (“SMC”). The Merger Agreement provides that, subject to the terms and conditions set forth therein, Merger Sub will merge with and into SMC (the “Merger”), with SMC surviving the Merger and becoming an indirect, wholly owned subsidiary of MSA. Consummation of the Merger is subject to the satisfaction or waiver of customary closing conditions. A copy of the Company’s press release is furnished herewith as Exhibit 99.1 to this report.
Item 8.01Financial Statements and Exhibits
(d) Exhibits
99.1MSA Safety Incorporated Press Release dated March 29, 2019.
MSA Safety Inc Exhibit
EX-99.1 2 exhibit991gatewaypressrele.htm EXHIBIT 99.1 Exhibit 1FOR IMMEDIATE RELEASEFROM: MSA Safety Incorporated Ticker: MSA (NYSE) Media Relations Contact: Mark Deasy (724) 741 – 8570 Investor Relations Contact: Elyse Lorenzato (724) 741 – 8525MSA Safety to Acquire Industrial Internet of Things Solution Provider Sierra Monitor Corporation •Transaction valued at approximately $33 million; about 1.5 times revenue on a trailing twelve-month basis•Expected EBITDA multiple of 7x on a next-twelve-month basis,…
To view the full exhibit click here
