10:00 AM EST - Ridley Inc. : and a subsidiary of Alltech, Inc. announced today that they have entered into a definitive agreement that provides for the acquisition of Ridley by Alltech for $40.75 per share. The total consideration payable to Ridley shareholders is approximately $521 million. Ridley Inc.
shares T.RCL are trading up $6.44 at $40.38.