Re: Anadigics update

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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kooter33

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Re: Anadigics update

in response to

Re: Anadigics update

ZL1

posted on Feb 03, 2016 01:29PM

situation is two-fold IMO. Yes, squeeze II-VI for a better offer while getting the ambulance chasers off their backs.

IF Party B (the Chinese company?) does become the successful bidder then there will be the CFIUS inquiry to overcome. IF the Committee for Foreign Investment within the US does not approve the TO after 100 days, ANAD will need to start from square one again and of course the new bidders will not be offering anything close to the 78 cents presented in the Takeover bid by Party B.

Quite frankly, ANAD is running out of time as they are not in compliance to maintain their NASDAQ list.