FN Herstal

Revision Cancels Purchase of PSP’s Headborne Division

Unfortunately, it looks like the deal for Revision to purchase Pacific Safety Products’ headborne system and helmet liner assets for $1,275,000 has been terminated by Revision. Under a Memorandum of Understanding, Revision had the right to terminate if the sale was not completed by July 15, 2010. However, all is not lost. PSP and Revision are continuing talks for a partial sale of PSP’s Headborne System.

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