Business & Insurance Update
Armor Holdings (AH), a maker of safety equipment for the military and police, agreed to be acquired by defense company BAE Systems for $4.1 billion.
BAE will buy Armor Holdings for $88 a share, a 7% premium to its Friday closing price of $82.15. The transaction should close in the third quarter. Shares of Armor Holdings were rising 4.5% to $85.87 in early trading Monday.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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| 12,504.48 | 1,315.99 | 2,847.21 | 17.35 |
Oil *
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135.10 |
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UP
68.42 |
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0.33 |
10 Yr
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