Nov 9 (Reuters) - Clearwater Seafoods Inc CLR.TO :
* CLEARWATER SEAFOODS INCORPORATED TO BE ACQUIRED BY PREMIUM BRANDS HOLDINGS CORPORATION AND A MI'KMAQ FIRST NATIONS COALITION
* CLEARWATER SEAFOODS INC - CLEARWATER SHAREHOLDERS TO RECEIVE $8.25 IN CASH PER CLEARWATER COMMON SHARE
* CLEARWATER SEAFOODS - DEAL RECEIVED UNANIMOUS APPROVAL OF CO'S BOARD OF DIRECTORS AND IS SUBJECT TO APPROVAL BY CLEARWATER SHAREHOLDERS
* CLEARWATER SEAFOODS - ENTERED INTO DEFINITIVE ARRANGEMENT AGREEMENT WITH FNC HOLDINGS REPRESENTING COALITION OF MI'KMAQ FIRST NATIONS & PREMIUM BRANDS
* CLEARWATER SEAFOODS INC - TRANSACTION VALUED AT APPROXIMATELY $1.0 BILLION, INCLUDING DEBT
* CLEARWATER SEAFOODS INC - TRANSACTION IS NOT SUBJECT TO A FINANCING CONDITION
* CLEARWATER SEAFOODS INC - AGREED TO PAY A FEE OF $22 MILLION TO PURCHASER UPON TERMINATION OF ARRANGEMENT AGREEMENT IN CERTAIN CIRCUMSTANCES
* CLEARWATER SEAFOODS - PURCHASER HAS AGREED TO PAY A FEE OF UP TO $26 MILLION TO CO UNDER CERTAIN CIRCUMSTANCES ON TERMINATION OF ARRANGEMENT AGREEMENT