RESDEL <RSDL.O> TO MERGE WITH SAN/BAR <SBAR.O> Resdel Industries said it and San/Bar Corp has agreed to merge San/Bar into Resdel. The arrangement calls for San/Bar to spin-off assets of its Break-Free division to shareholders then exchange its own shares for Resdel stock at a ratio of one Resdel share for each San/Bar share held, Resdel said.