Husky, Onex restructure takeover deal

TORONTO, Oct 22 (Reuters) - Husky Injection Molding Systems HKY.TO, its biggest shareholder and Onex Corp (OCX.TO) agreed on Monday to revise the structure of the pending C$960 million ($980 million) buyout by Onex so that Husky's public shareholders get more money.

Under the revised deal, the Schad family will get C$8.10 a share for their stock, while other shareholders will receive C$8.235 per share. Previously, Onex was to pay C$8.18 a share to all shareholders, including the Schads. The adjustment does not change the total value of the buyout.

($1=$0.98 Canadian)