| |   Management | Member Center | Contact Us RSS facebook google+ twitter linkedin mobile web     CN TW EN

Home > News > Planar Delists From NASDAQ Following Conclusion of Merger Deal with Leyard
December.25, 2015 - 15:17 — emmachang
  

Planar Delists From NASDAQ Following Conclusion of Merger Deal with Leyard

Planar Systems, a global leader in display and digital signage technology, announced today that it has closed its sale to Leyard American Corporation, a subsidiary of Leyard Optoelectronic Co., Ltd., which designs, produces, and distributes a range of LED display products and its ancillary systems.

As previously announced on August 12, 2015, Planar and Leyard entered into a definitive merger agreement, pursuant to which Leyard American Corporation agreed to acquire all of the common stock of Planar for a purchase price of $6.58 per share.

Planar has requested that The Nasdaq Stock Market LLC suspend trading and delist Planar common stock in connection with the closing of the merger.

BofA Merrill Lynch served as financial advisor to Planar and Roth Capital Partners, LLC served as financial advisor to Leyard. Perkins Coie LLP provided legal advice to Planar and Shearman & Sterling LLP provided legal advice to Leyard.

print announcements
Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
UC Berkley Engineers Unveil First Processor that Uses Light for High Speed Communication Unity Opto Cooperates with Taiwanese Retailers on Low-priced Bulbs
Related Entries
FEATURED PRODUCTS
ams OSRAM releases RGB versions of high-power OSTAR® Projection Compact LEDs for machine vision and stage lighting

High current density, very low thermal resistance and low-profile mean that lighting equipment manufacturers can increase brightness while reducing system size Flat LED package for easy integration and closest mounting of optics to light emitt... READ MORE

Nichia starts in-house production and sales of high-power red laser diodes in addition to its long-standing production of blue and green
Highlights: ・By enabling in-house production of laser diode chips for all three primary colors (RGB), a variety of customer requests can now be met. ・Accelerates the development and commercialization of higher efficiency and higher output produ... READ MORE
PRESS RELEASE