To: RockyBalboa who wrote (629 ) 1/13/2007 9:43:26 AM From: Glenn Petersen Read Replies (1) | Respond to of 3862 Acquicor has set January 16 as the record date for its shareholder meeting. The actual date for the meeting has not yet been determined. The company has also announced that it "may" buy up to $50 million of its securities in the open market after the deal closes. I was disappointed when AQR announced that it was acquiring Jazz Semiconductor. Given the pedigree of its founders (Amelio, Hancock and Wozniak), I thought that the acquisition was more safe than imaginative, though a nice payday for Amelio, Hancock and Wozniak.Acquicor Technology Inc. Announces Record Date for Special Meeting of Stockholders and Approves Stock Repurchase Program Thursday January 11, 8:30 am ET NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Acquicor Technology Inc. (AMEX:AQR - News), announced today that it has established a record date of January 16, 2007 for a special meeting of its common stockholders to consider and vote upon several proposals, including a proposal to approve a merger pursuant to which a wholly-owned subsidiary of Acquicor will merger with and into Jazz Semiconductor, Inc. Upon completion of the merger, Jazz will be the surviving corporation and will become a wholly-owned subsidiary of Acquicor. The date of the special meeting of stockholders has not yet been set. Acquicor also announced today that its Board of Directors has authorized a stock and warrant repurchase program, under which the company may purchase up to $50 million of the company's common stock and warrants through July 15, 2007. The stock and warrant repurchase program would be subject to the completion of the company's proposed merger with Jazz and the release of the escrowed proceeds from the issuance and sale of $166.8 million principal amount of 8% convertible senior notes due 2011. Purchases under the stock and warrant repurchase program will be made from time to time after the completion of the merger at prevailing prices as permitted by securities laws and other legal requirements, and subject to market conditions and other factors. The program may be discontinued at any time. The stock repurchase program will be funded using the company's working capital. About Acquicor Acquicor (AMEX:AQR - News) is a company formed by Gilbert F. Amelio, Ph.D., Ellen M. Hancock and Steve Wozniak for the purpose of acquiring, through a merger, capital stock exchange, stock purchase, asset acquisition or other similar business combination, one or more domestic and/or foreign operating businesses in the technology, multimedia and networking sectors. Acquicor raised gross proceeds of $172.5 million through its March 2006 initial public offering, and $164.3 million was placed in the trust account pending the completion of a business combination. On September 26, 2006, Acquicor and Jazz Semiconductor, Inc. announced that they have entered into a merger agreement. The merger is expected to be completed in the first quarter of 2007 subject to a number of closing conditions. For more information, please visit acquicor.com . <snip>biz.yahoo.com