Federal Signal Corp to Buy Canadian Sirit for Usd48m in Cash

Summary


MANAVIGATOR-January 14, 2010-Federal Signal Corp to buy Canadian Sirit for USD48m in cash (C)2010 M2 COMMUNICATIONS http:// www.m2.com

US safety and security systems maker Federal Signal Corp (NYSE:FSS) said Thursday it has agreed to buy Canadian radio frequency identification technology provider Sirit (TSE:SI) for nearly USD48m (EUR33m) in cash to further strengthen its product protfolio.

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Federal Signal Corp to Buy Canadian Sirit for Usd48m in Cash

Federal Signal has offered CAD0.30 (US...

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