OmniVision Technologies (OVTI), a leading developer of advanced digital imaging solutions, and a consortium composed of Hua Capital Management.
CITIC Capital and Goldstone (collectively, the “Consortium”) announced that the Consortium has completed the previously announced acquisition of OmniVision a result of the completion of the acquisition, trading of OmniVision common stock on the NASDAQ Global Select Market will be halted before the opening of the market today and will be suspended effective as of the close of business today.
Under the terms of the definitive agreement regarding the acquisition of OmniVision, OmniVision stockholders will receive $29.75 per share in cash, or a total of approximately $1.9 billion.
Source : www.ovt.com
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