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UPDATE 1-Canada's CCL to buy anti-theft tag maker Checkpoint for $422 mln

2016-03-02 20:29:59| Industrial Machines - Topix.net

Canadian label and packaging maker CCL Industries Inc is buying U.S.-based Checkpoint Systems Inc, which makes anti-theft tags used by retailers, for about $422 million. CCL's offer of $10.15 per share in cash represents a premium of about 29 percent to Checkpoint's Tuesday closing.

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