Audiocodes Ltd (AUDC) Commences 3M Share Tender Offer

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AudioCodes Commences Cash Self-Tender Offer to Purchase up to 3,000,000 of its Ordinary Shares

June 16, 2016 7:00 AM EDT

LOD, Israel, June 16, 2016 /PRNewswire/ --

AudioCodes (NASDAQ: AUDC), a leading provider of converged voice solutions that enable enterprises and service providers to transition to all-IP voice networks, today announced that it is commencing a self-tender offer to purchase up to 3,000,000 ordinary shares of AudioCodes, nominal (par) value NIS 0.01 per share, at a price of $4.35 per share, net to the seller in cash, less any applicable withholding taxes, and without interest, upon the terms of, and subject to the conditions set forth in, an Offer to Purchase, dated... More