Monday, May 21, 2007

UPDATE 1-Aeroflex gets revised offer from Veritas Capital

(Reuters) - Shares of the Plainview, New York-based Aeroflex, which had
earlier agreed to be bought by private equity firms General
Atlantic and Francisco Partners, was trading at 52-week high
levels in morning trade on the Nasdaq.




Veritas new offer also says that option holders would be
cashed out at the excess of $14.50 and the option exercise
price.


Read more at Reuters.com Mergers News

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