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Cypress Semiconductor Corp Completes Tender Offer for Ramtron International Corp

Thursday, 18 Oct 2012 08:00am EDT 

Cypress Semiconductor Corp announced the completion of its tender offer for all of the outstanding shares of common stock of Ramtron International Corporation. The subsequent offering period expired at 5:00 p.m., New York City time, on October 17, 2012. Computershare Inc., the depositary for the tender offer, has advised Cypress that 25,912,939 shares were validly tendered and not withdrawn during the initial and subsequent offering periods (including shares that were tendered by guaranteed delivery procedures and subsequently delivered), all of which have been accepted for payment and purchased. Such shares, together with shares beneficially owned by Cypress, represent a total of approximately 78% of Ramtron`s outstanding stock. Cypress will acquire all of the remaining outstanding stock of Ramtron by means of a merger pursuant to Delaware law. Following the merger, Ramtron will be a wholly owned subsidiary of Cypress. 

Company Quote

0.195 +1.90%
17 Sep 2014