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ANADIGICS Announces End of "Go-Shop Period" and the Receipt of Acquisition Proposals

2015-12-08 00:16:21| Semiconductors - Topix.net

ANADIGICS, Inc. today announced the expiration of the previously-announced "Go-Shop Period" and the receipt of Acquisition Proposals for the Company. As previously announced, on November 11, 2015, ANADIGICS entered into an agreement and plan of merger pursuant to which affiliates of GaAs Labs, LLC would acquire all of the outstanding shares of ANADIGICS common stock on a fully diluted basis for $0.35 per share net in cash, pursuant to an all cash tender offer and second step merger .

Tags: end period acquisition receipt

Category:Electronics and Electrical

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