Letter to Stockholders of Fusion-io, Inc. June 24, 2014Acquisition Agreement • June 24th, 2014 • Fusion-Io, Inc. • Computer storage devices
We are pleased to inform you that on June 16, 2014, Fusion-io, Inc. ("Fusion-io") entered into a definitive acquisition agreement (the "Acquisition Agreement") with SanDisk Corporation ("SanDisk") and Flight Merger Sub, Inc. ("Purchaser"), a wholly owned subsidiary of SanDisk. Pursuant to the Acquisition Agreement, Purchaser has today commenced a tender offer (the "Offer") to purchase all outstanding shares of common stock, par value $0.0002 per share (the "Shares"), of Fusion-io at $11.25 per Share (the "Offer Price"), net to the seller in cash without interest thereon, less any required withholding taxes.
