Henry Bros. Electronics Announces Kratos Merger to Move Forward

Henry Bros. Electronics, Inc. HBE announced today that the amended merger agreement with Kratos Defense & Security Solutions Inc. KTOS to acquire all outstanding shares of Henry Brothers at $8.20 per share in cash will move forward. Discussions with a third party that had submitted a previously announced non-binding proposal to acquire all of the outstanding shares of HBE common stock for $8.00 per share in cash have ended.