Woodstream To Acquire Zareba Systems

Zareba Systems Inc. (Nasdaq: ZRBA) has agreed to a reverse merger with Woodstream Corp., mouse trap and pet cage maker owned by Code Hennessey & Simmons and Brockway Moran & Partners. Under terms of the deal, Zareba would become a subsidiary of Woodstream, with Zareba stockholders to receive $9 per share (nearly a 100% premium to yesterday's closing price). The total deal would be worth around $22.32 million.

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