WJ Communications Announces Results of Special Meeting of Stockholders and Closing of TriQuint Semiconductor Transaction
23 May 2008 - 6:24AM
Business Wire
WJ Communications, Inc. (NASDAQ:WJCI), a leading designer and
supplier of radio frequency (RF) products and solutions for the
wireless infrastructure and radio frequency identification (RFID)
reader markets, today announced the results of a special meeting of
its stockholders held May 22, 2008 regarding the proposed merger
agreement with TriQuint Semiconductor, Inc. During the meeting, the
Company�s stockholders approved the transaction. Thereafter, the
acquisition by TriQuint of all outstanding shares of WJ
Communications was closed. With the transaction completed, all
outstanding shares of WJ Communications, Inc. have converted into
the right to receive $1.00 per share in cash. WJ Communications,
Inc. is now a wholly owned subsidiary of TriQuint Semiconductor,
Inc. WJ Communications, Inc. ceased trading on the NASDAQ Global
Market at the close of the market today and is no longer a publicly
traded entity. Stockholders of WJ Communications seeking to redeem
their shares for cash per the merger agreement should contact their
broker or financial advisor. About WJ Communications WJ
Communications, Inc. is a leading provider of radio frequency (RF)
solutions serving multiple markets targeting wireless
communications, RF identification (RFID), WiMAX, and RF power
solutions. WJ addresses the RF challenges in these multiple markets
with its highly reliable amplifiers, mixers, RF integrated circuits
(RFICs), RFID reader modules, chipsets, and multi-chip (MCM)
modules. For more information visit www.wj.com or call
408-577-6200. All trademarks used, referenced, or implicitly
contained herein are used in good faith and highlighted to give
proper public recognition to their respective owners.
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