CompuDyne Accepts Buyout Offer
CompuDyne, an Annapolis provider of security products and services, said today it has agreed to be acquired by a group of private equity investors for about $59 million. The buyers include affiliates of the Gores Group, a California-based private equity firm, and Stuart Mackiernan, an industry executive who will take over as CompuDyne's chief executive once the transaction is completed. The $7-a-share offer represents a 32 percent premium to the $5.29 closing price of CompuDyne stock on Aug. 6. See CompuDyne's statement on the transaction.
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