Business News • MarketWire • Crescendo Partners Enters Into Agreements With Teledyne Technologies Incorporated in Respect of Acquisition of DALSA Corporation |
Crescendo Partners Enters Into Agreements With Teledyne Technologies Incorporated in Respect of Acquisition of DALSA Corporation |
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Crescendo Partners Enters Into Agreements With Teledyne Technologies Incorporated in Respect of Acquisition of DALSA Corporation
NEW YORK, NEW YORK--(Marketwire - Dec. 22, 2010) - Mr. Eric Rosenfeld, Chief Executive Officer of Crescendo Partners, announced today that he and Crescendo Partners II, L.P. and Crescendo Partners III, L.P. (collectively, "Crescendo Partners") have entered into agreements (the "Agreements") with Teledyne Technologies Incorporated (NYSE:TDY) ("Teledyne") pursuant to which they have agreed to support and vote in favour of the transaction announced today involving the proposed acquisition by Teledyne of all of the outstanding shares of DALSA Corporation (TSX:DSA) ("DALSA") for CAD $18.25 per share payable in cash. The Agreements relate to 2,093,700 common shares beneficially owned by Crescendo Partners, which represent approximately 11.4% of the outstanding common shares of DALSA, as well as 14,445 deferred share units held by Mr. Rosenfeld. Mr. Rosenfeld is also a director of DALSA.
View More : http://www.marketwire.com/mw/release.do?id=1373259&sourceType=3
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