Tokyo Electron Ltd. announced that the tender offer by its wholly-owned subsidiary, RB Merger Corp., for all outstanding shares of common stock of FSI International, Inc. (FSII) for $6.20 in cash for each share of FSI common stock has been completed.
The company said that the tender offer expired on Wednesday, October 10, 2012 and as of the expiration of the tender offer, 35.26 million shares of FSI's common stock had been validly tendered and not withdrawn, which represents about 89.50% of the outstanding shares of FSI common stock.
Tokyo Electron said that all shares of FSI common stock that were validly tendered and not withdrawn immediately prior to the expiration of the offer have been accepted by RB Merger Corp. for payment. Tokyo Electron will purchase and pay for all such shares promptly.
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