Agreement and Plan of Merger by and among Tsinghua Unigroup Ltd. and Spreadtrum Communications, Inc. dated as of July 12, 2013Merger Agreement • July 15th, 2013 • Spreadtrum Communications Inc • Semiconductors & related devices • New York
AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of July 12, 2013, by and among Tsinghua Unigroup Ltd., a limited liability company established under the laws of the People’s Republic of China (“Parent”), and Spreadtrum Communications, Inc., an exempted company incorporated under the laws of the Cayman Islands (the “Company”).
Spreadtrum Enters into Merger Agreement to be Acquired by Tsinghua Unigroup for US$31.00 per ShareMerger Agreement • July 15th, 2013 • Spreadtrum Communications Inc • Semiconductors & related devices
SHANGHAI, July 12, 2013 /PRNewswire/ — Tsinghua Unigroup Ltd. (“Tsinghua Unigroup”), an operating subsidiary of Tsinghua Holdings Co. Ltd., a solely state-owned limited liability corporation funded by Tsinghua University in China, and Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum" or the "Company"), a leading fabless semiconductor provider in China with advanced technology in 2G, 3G and 4G wireless communications standards, today jointly announced that they have entered into a definitive merger agreement under which Tsinghua Unigroup will acquire all of the outstanding Ordinary Shares of Spreadtrum for US$31.00 per American Depositary Share (or US$10.33 per Ordinary Share, each American Depositary Share representing three Ordinary Shares). The merger values Spreadtrum’s equity at approximately US$1.78 billion, on a fully diluted basis. The transaction is subject to approval by the shareholders of Spreadtrum, and antitrust and other regulatory approvals, and is not subject
