August 22, 2017 / 12:44 PM / 4 months ago

BRIEF-Clarus acquires Sierra Bullets for $79 million

Aug 22 (Reuters) - Clarus Corp

* Clarus acquires Sierra Bullets for $79 million

* Clarus Corp - ‍transaction is expected to be immediately accretive to Clarus’ earnings per share​

* Clarus increased size of its senior credit facility from $20.0 million to $40.0 million

* Clarus Corp - senior management are expected to remain with sierra under clarus’ ownership Source text for Eikon: Further company coverage: (Reporting by Taenaz Shakir)

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