HSR Waiting Period Expires for Intelís Proposed Acquisition of Wind River
SANTA CLARA, Calif. Ė Intel Corporation today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act) at 11:59 p.m. EDT on June 22, 2009 with respect to Intelís previously announced proposed acquisition of Wind River Systems Inc.
On June 11, 2009, Intel, through its wholly owned subsidiary, APC II Acquisition Corporation, initiated a cash tender offer to purchase all outstanding shares of common stock of Wind River, including rights to purchase shares of Series A Junior Participating Preferred Stock at a price of $11.50 per share of common stock.
This tender offer will expire at midnight EDT on July 9, 2009 unless it is extended in accordance with the merger agreement and the applicable rules and regulations of the Securities and Exchange Commission.
Expiration of the HSR waiting period satisfies one of the conditions of the tender offer.
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