Advertisement
YOU ARE HERE: LAT HomeCollections

Business Briefing / TECHNOLOGY

Vishay slate at Rectifier rejected

October 11, 2008|From Times Wire Services

International Rectifier Corp. said shareholders rejected a slate of directors proposed by spurned suitor Vishay Intertechnology Inc.

Investors at International Rectifier's annual meeting elected three incumbents to the board, the El Segundo-based company said, citing preliminary results.

International Rectifier has rejected two unsolicited bids by Vishay since August, the latest for $23 a share, or $1.7 billion. Vishay is based in Malvern, Pa.

Advertisement
Los Angeles Times Articles
|
|
|