RF Monolithics Inc. (RFMI: Quote) said Friday its stockholders voted to approve the proposed merger with an affiliate of Murata Electronics North America Inc.
The merger was approved by about 96.8% of the company's shares of common stock that were voted at the special meeting.
Upon consummation of the merger, RF Monolithics stockholders will receive $1.78 in cash for each share of the company's common stock.
The transaction is expected to close on or around July 1, 2012.
Texas-based RF Monolithics Inc. is a provider of solutions-driven, technology-enabled wireless connectivity for a range of wireless applications.
Click here to receive FREE breaking news email alerts for RF MONOLITHICS INC and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org