[Tyler]

OmniVision receives non-binding acquisition proposal letter
19 August 2014, 12:00 am

OmniVision Technologies, Inc. has annouced that its board of directors has received a preliminary non-binding proposal letter from Beijing-based investment management company Hua Capital Management Ltd. (HCM). The letter is pursuant to which a group of investors led by HCM proposes to acquire all of the outstanding shares of common stock of the company in cash at $29 per share. Vision Systems Design - Non-Industrial VisionLink.

Source: AI in the News

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