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IR to review Vishay's unsolicited proposal

Post time:  2008-08-20
 

Author:News Team

Points:  11728

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International Rectifier Corp. (IR) has announced that Vishay Intertechnology Inc. gave the company an unsolicited proposal of acquiring all of the outstanding shares of IR for Rs.909.46 ($21.22) per share. Vishay noted its proposal will be subjected to strict diligence and other mandatory terms and conditions.

IR responded saying its board of directors will review the proposal and will consult financial and legal advisers before giving its decision. The board seeks shareholders to wait until a decision has been made. Discuss…

Source:
http://www.eetasia.com/ART_8800540283_480200_NT_1627d941.HTM
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Reply:IR to review Vishay's unsolicited proposal

Post time:  2008-10-07
 

Author:sitha_m

Points:  220

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After IR rejected Vishay's bid...Vishay is making an impressive move to boost its proposal for IR.

Read this article: http://www.eetindia.co.in/ART_8800547053_1800008_NT_41da1d13.HTM
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