December 14, 2016 / 12:31 AM / 2 years ago

BRIEF-Pacific Safety Products provides update on unsolicited offer of $0.25/share from MKU Ltd

* Board remains unable to conclude at this time that MKU offer constitutes a superior proposal

* Pacific Safety- can be no assurance that MKU offer will lead to termination of Safariland agreement and execution of an arrangement agreement with MKU

* Board has not changed its recommendation with respect to pending transaction with Safariland

* Pacific Safety- board reviewing to determine whether, among other things, MKU has financial ability to complete proposed transaction

* Pacific Safety Products Inc provides further update on unsolicited offer of $0.25 per share from MKU Limited Source text for Eikon: Further company coverage:

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