Vector Increases Bid for RAE Systems (RAE) to $2.25/Share
RAE Systems Inc. (AMEX: RAE) reports that it has entered into a further amendment to its merger agreement with an affiliate of Vector Capital under which the acquirer has increased the price per share to be paid to our unaffiliated stockholders to $2.25 per share.
The termination fee payable in the event that the Vector merger agreement is terminated in connection with a superior offer has also been increased, to $5.75 million.
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The termination fee payable in the event that the Vector merger agreement is terminated in connection with a superior offer has also been increased, to $5.75 million.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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