Exhibit (a)(1)(D) [Lowrance Electronics, Inc. Letterhead] January 16, 2001 Dear Stockholder: We are pleased to inform you that on January 4, 2001, Lowrance Electronics, Inc. (the "Company") entered into an Agreement and Plan of Merger (the "Merger...Lowrance Electronics Inc • January 16th, 2001 • Search, detection, navagation, guidance, aeronautical sys
Company FiledJanuary 16th, 2001 IndustryWe are pleased to inform you that on January 4, 2001, Lowrance Electronics, Inc. (the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with Cobra Electronics Corporation, a Delaware corporation ("Parent"), and Blue Marlin, Inc. ("Purchaser"), a Delaware corporation and wholly owned subsidiary of Parent, which provides for the acquisition of the Company by Parent. Under the terms of the Merger Agreement, Purchaser today commenced a tender offer (the "Offer") to purchase all of the Company's outstanding shares of common stock (the "Shares") at a price of $8.25 per Share in cash. Following the successful completion of the Offer, Purchaser will be merged with the Company (the "Merger"), and all outstanding Shares not purchased in the Offer will receive in the Merger the same $8.25 per Share in cash consideration. The Offer is subject to certain conditions, including the conditions that (i) at the expiration of the Offer there shall have been validly tendered