ChipMOS (IMOS) Issues Update on Pending Merger
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UPDATE: ChipMOS MERGER EXPECTED TO CLOSE OCTOBER 31
October 20, 2016 6:00 AM EDTHSINCHU, Taiwan, Oct. 20, 2016 /PRNewswire-FirstCall/Â -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS Bermuda" or "Company" or "IMOS") (Nasdaq:Â IMOS) today announced it expects to close on October 31, 2016 the merger (the "Merger") of ChipMOS Bermuda with and into its 58.3% owned subsidiary ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan") (Taiwan Stock Exchange ("TWSE"): 8150).Â
Pursuant to the previously announced agreement and plan of merger, dated January 21, 2016, by and between ChipMOS Bermuda and ChipMOS Taiwan (the "Merger Agreement"):
ChipMOS Taiwan will be the surviving company after the Merger. In accordance with... More
