WESTLAKE, Texas and GREELEY, Colo., March 14, 2011 (GLOBE NEWSWIRE) -- Animal Health International, Inc. (Nasdaq:AHII) and privately held Lextron, Inc. today announced that they have entered into a definitive merger agreement under which Lextron, with support from investment funds affiliated with Leonard Green & Partners, L.P., will acquire all of the outstanding common shares of AHII for $4.25 per share, or approximately $111 million, plus the repayment of AHII's outstanding indebtedness, for a total purchase price of approximately $251 million. The new combined company will operate under the umbrella of the Animal Health International, Inc. name and will be one of North America's leading animal health businesses.
Animal Health International, Inc. To Merge With Lextron, Inc.
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