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Notable Mergers and Acquisitions of the Day 12/31: RIMM, ECLP, PSD
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- Research In Motion Limited (NASDAQ: RIMM) announced that a wholly-owned subsidiary of RIM will be extending the expiry date of its offer to acquire all of the outstanding common shares of Certicom Corp. for CDN $1.50 in cash per share from January 15, 2009 to 5:00 p.m. on January 27, 2009. All other terms and conditions of the offer remain unchanged. The formal notice of extension will be mailed to Certicom’s shareholders next week.
As previously disclosed, Certicom is bringing applications before the Ontario Superior Court of Justice and the Ontario Securities Commission to prevent RIM’s offer from proceeding. RIM
- Research In Motion Limited (NASDAQ: RIMM) announced that a wholly-owned subsidiary of RIM will be extending the expiry date of its offer to acquire all of the outstanding common shares of Certicom Corp. for CDN $1.50 in cash per share from January 15, 2009 to 5:00 p.m. on January 27, 2009. All other terms and conditions of the offer remain unchanged. The formal notice of extension will be mailed to Certicom’s shareholders next week.
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