Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

FLIR Extends Cash Tender Offer as Part of ICx Purchase

FLIR Systems, Inc. (NASDAQ: FLIR) has opened a cash tender offer in a bid to buy all outstanding shares of common stock of ICx Technologies, Inc. (NASDAQ: ICXT).

FLIR agreed to purchase ICx last month for $274 million.

According to the firm, “upon the successful closing of the tender offer, shareholders of ICx will receive $7.55 in cash for each share of ICx common stock tendered in the offer, without interest and less any required withholding taxes. The tender offer will expire at midnight on Oct. 1, 2010, unless an extension should occur.”

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity

Related Articles