RF Monolithics/Murata Electronics
On April 13, 2012, RF Monolithics, Inc. (Nasdaq: RFMI) entered into a definitive agreement to be acquired by Murata Electronics North America, Inc. for $1.78 per share to holders of RFM common shares, representing an 80% premium over the Nasdaq closing price as of April 12, 2012. The acquisition is expected to close in the third calendar quarter of 2012. Murata Electronics North America’s parent company, Murata Manufacturing Co., Ltd., is the world’s number one supplier of passive electronic components.
The transaction is subject to customary closing conditions, including shareholder and regulatory approvals.
Hunton & Williams LLP and Morton PLLC acted as legal advisors to RFM. Duff & Phelps, LLC, in conjunction with its recently acquired Pagemill Partners business, acted as the financial advisors to RFM’s Special Committee of its Board of Directors. Alston & Bird LLP acted as legal advisor to Murata.
The transaction is subject to customary closing conditions, including shareholder and regulatory approvals.
Hunton & Williams LLP and Morton PLLC acted as legal advisors to RFM. Duff & Phelps, LLC, in conjunction with its recently acquired Pagemill Partners business, acted as the financial advisors to RFM’s Special Committee of its Board of Directors. Alston & Bird LLP acted as legal advisor to Murata.
