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Opto Circuits (India) Limited Successfully Completes Tender Offer For Shares of Criticare Systems, Inc.

Publication: Business Wire
Publication Date: 07-APR-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MILWAUKEE & BANGALORE, India -- Opto Circuits (India) Limited ("Opto Circuits") and Criticare Systems, Inc. ("Criticare") (AMEX: CMD) announced the successful completion of the tender offer by Opto Circuits' wholly-owned subsidiary (the "Purchaser") for all of the outstanding shares of common stock of Criticare.

The offer expired at one minute following 5:00 p.m., New York time on April 4, 2008. Based on information provided by the depositary for the tender offer, stockholders of Criticare have now tendered a total of approximately 11,536,382 Criticare shares (including 760,112 shares or 6% delivered pursuant to notices of guaranteed delivery),...

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