Hirsch International Corp. Signs Merger Agreement to be Acquired by Paul Gallagher

Hauppauge, New York-based Hirsch International Corp. announced recently that it has entered into a definitive merger agreement to be acquired by its president, chief executive officer and chief operating officer Paul Gallagher for $0.31 per share in cash. Gallagher beneficially owns approximately 13.7 percent of the company’s outstanding shares of Class A Common Stock.