2019-11-12

Osram Backs up AMS' Renewed Takeover Offer

AMS’ new offer for Osram was approved and published last week with an offer price of EUR 41 per share (US$ 45) and a minimum acceptance threshold of 55%. Osram announced today (November 12) that it has concluded a comprehensive business combination agreement with AMS and recommends its shareholders accept the current takeover offer. With the new offer, AMS lowered the minimum acceptance rate to 55%, providing “more certainty that the offer succeeds,” according to AMS. Currently AMS is the largest shareholder of Osram with its 19.99% of share...
Continue reading
Samsung today announced a new edition of its large-format LED display, The Wall, marking a pivotal expansion to its Chip on Board (CoB) lineup. Like earlier models of The Wall, the MPF series optimizes viewing experiences across an array of en... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced that it has filed a patent infringement lawsuit in the United States District Court for the Northern District of Illinois against Promier Products and Tractor Supply. The laws... READ MORE