Tower Semiconductor (TSEM) Files 85M Ordinary Shelf for Selling Securityholders

June 1, 2012 6:53 AM EDT
Tower Semiconductor (Nasdaq: TSEM) filed a registration with the U.S. Securities and Exchange Commission to sell, from time to time, up to 85,000,000 Ordinary Shares on behalf of Selling Securityholders.

Tower Semi will not receive any of the proceeds from sales of the ordinary shares made by the Selling Securityholders.

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