CompuDyne Corp. of Annapolis goes private
Daily Record, The (Baltimore), Sep 25, 2007
CompuDyne Corp., of Annapolis, a provider of products and technology for the public security market, announced the completion of its previously announced merger with Patriot Acquisition Corp., an affiliate of The Gores Group LLC. CompuDyne announced in August that investor Stuart Mackiernan and California-based The Gores Group would acquire it for approximately $59 million, or about $7 per share.
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As a result of the completion of the transaction, CompuDyne's common stock ceased trading on the Nasdaq Global Market on Friday, and its shares, trading under the symbol CDCY, were delisted.
Copyright 2007 Dolan Media Newswires
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