Ramtron’s board of directors has unanimously recommended that stockholders tender their shares into the offer.
The offer was previously scheduled to expire at 5:00 p.m., New York City time, on September 25, 2012. As of 4:00 p.m., New York City time, on September 24, 2012, 5,731,472 shares of Ramtron (including 74,559 shares subject to guarantees of delivery) had been tendered and not withdrawn pursuant to the offer.
Greenhill & Co., LLC is acting as financial advisor to Cypress and dealer manager for the offer, and Wilson Sonsini Goodrich & Rosati, Professional Corporation, is acting as legal counsel.