FLIR Systems (FLIR) Subsidiary Commences $274M Tender Offer for ICx Tech (ICXT)
FLIR Systems, Inc. (Nasdaq: FLIR) subsidiary, Indicator Merger Sub, Inc., intends to commence a cash tender offer for the all outstanding shares of ICx Technologies, Inc. (Nasdaq: ICXT). The total consideration of the offer is $274 million.
Upon the successful closing of the tender offer, shareholders of ICx will receive $7.55 in cash for each share of ICx common stock tendered in the offer, without interest and less any required withholding taxes.
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