Intermagnetics' Acquisition of Invivo Corporation Clears Regulatory Review Waiting Period
08 January 2004 - 6:00AM
PR Newswire (US)
Intermagnetics' Acquisition of Invivo Corporation Clears Regulatory
Review Waiting Period LATHAM, N.Y., Jan. 7 /PRNewswire-FirstCall/
-- Intermagnetics General Corporation , today announced that the
waiting period under the Hart-Scott Rodino Antitrust Improvements
Act of 1976 has expired without any requests for additional
information or documentary material regarding Intermagnetics'
acquisition of Invivo Corporation. Intermagnetics is now able to
proceed with the acquisition, subject to satisfaction or waiver of
conditions contained in the merger agreement and described in the
offer to purchase dated December 23, 2003 that has been distributed
to the stockholders of Invivo. In connection with the tender offer,
Intermagnetics has filed a Tender Offer Statement on Schedule TO
with the Securities and Exchange Commission (the "SEC").
Stockholders of Invivo are advised to read this, the offer to
purchase, Invivo's solicitation/recommendation statement on
Schedule 14D-9 and any other documents related to the tender offer
that are filed with the SEC when they become available.
Stockholders of Invivo may obtain copies of these documents without
charge, when available, at the SEC's website at http://www.sec.gov/
or from Intermagnetics, attn: Cathy Yudzevich, IR Specialist, PO
Box 461, Latham, New York, 12110-0461, Fax (518) 783-2602.
Intermagnetics (http://www.igc.com/), drawing on the financial
strength, operational excellence and technical leadership in its
core businesses of Magnetic Resonance Imaging and Instrumentation,
has become a prominent participant in superconducting applications
for Energy Technology. The company has a more than 30-year history
as a successful developer, manufacturer and marketer of
superconducting materials, radio-frequency coils, magnets and
devices utilizing low- and high-temperature superconductors and
related cryogenic equipment. DATASOURCE: Intermagnetics General
Corporation CONTACT: Glenn Epstein, Chairman & CEO, or Cathy
Yudzevich, IR Specialist, both of Intermagnetics General
Corporation, +1-518-782-1122 Web site: http://www.igc.com/
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