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News Breaks | | | | August 27, 2012 | | 08:06 EDT |  | FSII | Tokyo Electron commences announced tender offer for FSI International
Tokyo Electron Limited is commencing, through its wholly-owned subsidiary RB Merger Corp., a cash tender offer to purchase all outstanding shares of common stock of FSI International. Tokyo Electron previously announced on Monday, August 13 its intent to acquire FSI. The tender offer is being made pursuant to an Offer to Purchase, dated August 27. Upon the successful closing of the tender offer, shareholders of FSI will receive $6.20 in cash for each share of FSI common stock validly tendered and not validly withdrawn in the offer, without interest and less any applicable withholding taxes. Following the purchase of shares in the tender offer, FSI will become a subsidiary of Tokyo Electron. | |
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