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CoolBrands International Inc.

11:50 AM EST - CoolBrands International Inc. : said it would merge with Swisher International, Inc., a full-service hygiene solutions provider based in Charlotte, North Carolina. Under the transaction, all of the outstanding common shares of Swisher will be exchanged for 57,789,630 CoolBrands common shares, of which 55,789,630 will be subject to lock-up agreements. CoolBrands International Inc. shares T.COB are trading up $0.08 at $1.86.