>>Jatin Kadakia
Stock Price Shares Value Cost … Change
RVSN $6.84 3.021 $20.66 $6.62 … 3%
SWIR $9.22 2.227 $20.53 $8.98 3%
PCS $8.95 2.558 $22.89 $7.82 … 14%
CSPI $4.24 5.797 $24.58 $3.45 … 23%
OPXT $1.80 8.264 $14.88 $2.42 … -26%
Jatin Kadakia Total = $103.54 <<
In contest before last, I had IHR acquisition by PE.
In previous contest, Novell received an offer by PE but rejected it.
In this one, RVSN is offering self tender for 5% of shares.
I have 3 shares of RVSN. How can I submit them for tender offer?
finance.yahoo.com
TEL AVIV, Israel--(BUSINESS WIRE)--RADVISION Ltd. (Nasdaq & TASE: RVSN) announced today that it is commencing a self tender offer to purchase 5.0% of its voting power (currently, 976,212 RADVISION shares) for $7.30 per share, net to the seller in cash, less any required withholding taxes and without interest. In the event that more than the maximum number of shares offered to be purchased in the tender offer are tendered, RADVISION will purchase shares on a pro rata basis. In connection with the offer, RADVISION has scheduled an Extraordinary General Meeting of Shareholders to be held at 10:00 a.m. (Israel time) on Tuesday, August 31, 2010, at RADVISION’s offices at 24 Raoul Wallenberg Street, Tel Aviv, Israel, for the purpose of ratifying and approving the offer. The record date for the meeting is August 2, 2010. Pursuant to Israeli law, the approval of the offer requires the shareholders of RADVISION to approve the offer by a special majority (the affirmative vote of the holders of a majority of the RADVISION shares present, in person or by proxy, and voting on the matter, provided that either (i) such majority includes at least one-third of the votes of disinterested shareholders voting on the matter (not including abstentions) or (ii) the total number of votes of disinterested shareholders voted against the matter does not exceed one percent of RADVISION’s voting power), at the Extraordinary General Meeting of Shareholders.
TIA
--JK |
