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Announced

CTSI to acquire AFA Protective Systems for $130m.

Synopsis

CTSI, a full service technology and communications solutions provider, offered to acquire AFA Protective Systems, a Central Station fire alarm company, for $130m. Tender offer will expire on October 26, 2021 at midnight, New York time, unless extended. Tenders of AFAP's common stock must be made on or prior to the expiration of the tender offer and may be withdrawn at any time on or prior to the expiration of the tender offer. Each outstanding share of common stock outstanding immediately prior to the merger, will be converted into the right to receive the offer price without interest thereon and less any required withholding taxes.

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