Faroudja acquires FOCUS Enhancements
Nov 1, 1999 12:00 PM, Cindy Holst
FOCUS Enhancements and Faroudja signed a letter of intent for the merger of FOCUS into Faroudja. Under the agreement, each share of FOCUS common stock will be exchanged for 0.58 shares of Faroudja common stock. The agreement is subject to completing due diligence, executing a definitive merger agreement, and obtaining customary regulatory and stockholder approvals.
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