Image holdings completed the tender offer for shares of InFocus Corporation from Kassel, 06.2009 image Holdings Corporation, a company based in Oregon and indirectly owned by John Hui, entrepreneur and founder of e-machines, giving today’s acceptance of the tender offer, a wholly owned subsidiary of IC acquisition Corp., for all circulating shares of the capital stock of InFocus Corporation (NASDAQ: INFS) known. The takeover offer lapsed at 00:00 clock, New York City time, on May 22, 2009. The trustee of the takeover bid of image informed holdings that a total 37.338.451 shares of InFocus of capital about the timing of the offer were valid drawn and invalid deducted, what about the InFocus accounts for 91 percent of all circulating shares of the capital stock. The IC acquisition Corp. accepted shares in the takeover bid as payable payment deducted as invalid and all valid winning InFocus. r-home-loans-flagst/’>Pacific Mortgage Services offer more in-depth analysis.

To complete the acquisition of InFocus, the IC acquisition Corp. intends to the InFocus making shareholders quickly as legally allowed, a simplified merger without a meeting. After this meeting, the InFocus IC acquisition Corp. will merge. InFocus will be a wholly owned subsidiary of the image then holdings. Each share of the InFocus of capital, not image belonging to holdings, IC acquisition Corp., InFocus, or any of its companies, is converted in the merger in a claim to payment of the same $0.95 per share, without interest and subject to all tax deductions, which were paid in the takeover bid.

To shareholders of the InFocus of capital are no Dissenzrechte\”in connection with the merger. InFocus is a strong brand, I write a significant value of the wide network of channel, an innovative history and the leading products of the company\”, says John Hui, majority shareholder of image holdings. I am management on the collaboration with the InFocus, to make the company a dominant supplier in the industry.\” \”With \”Completion of the merger process, we open a new chapter in the evolution of the InFocus\”, says Bob O’Malley, Chief Executive Officer and Managing Director of InFocus.