FEI Company Shareholders Overwhelmingly Approve Proposed
14.06.1999, 13:53
Merger With Micrion Corporation HILLSBORO, Ore. (PROTEXT) - FEI Company (Nasdaq: FEIC)announced that its shareholders overwhelmingly approved itsproposed merger with Micrion Corporation (Nasdaq: MICN) at itsannual meeting on June 10, 1999, in Hillsboro, Oregon. Inaddition, the shareholders approved several other proposalsincluding authorization to issue shares to Philips BusinessElectronics International B.V. to finance the cash portion of thestock and cash merger consideration which will be paid to MicrionCorp shareholders. Micrion Corp shareholders also approved themerger the same day at a Micrion Corp. special shareholders'meeting. A closing date has not been set pending completion ofFederal Trade Commission (FTC) review of the proposed merger. FEI President and CEO Vahe' A. Sarkissian commented, "We arepleased with the shareholder support for the merger. We lookforward to obtaining Federal Trade Commission approval to enableus to bring our combined resources to the marketplace." FEI Company is a world leader in the design, manufacture, saleand support of charged particle beam systems and components. FEIproducts serve the semiconductor, data storage, life sciences andmaterials sciences markets. The unique combination oftechnologies in FEI systems enables customers to employ newdiagnostics, analysis, device modification and process managementfunctions that reduce time to market, improve product performanceand cut costs. ots Original Text Service: FEI Company Internet:http://www.newsaktuell.de Contact: William P. Mooney, ExecutiveVice President and Chief Financial Officer, FEI Company, 503-640-7537 Web site: http://www.feic.com
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