December 18, 1990 |
Diceon Electronics Inc. said Monday that it has agreed to turn over its shareholder list to the San Diego firm that is trying to acquire the Irvine computer circuit board maker for $27.2 million. Calvary Partners Ltd., a San Diego buyout firm, had sued Diceon in Delaware Chancery Court on Nov. 27, seeking a court order to force release of the shareholder list. Peter Jonas, Diceon's vice chairman, declined to comment on why the firm agreed to provide the list to Calvary.
December 1, 1990 |
A San Diego investment group launched an unsolicited tender offer Friday to acquire Diceon Electronics Inc., a financially troubled manufacturer of computer products, for $27.2 million. Calvary Partners said it has offered $5.25 cash for each of Diceon's 5.1 million common shares outstanding that it doesn't already own.
December 11, 1990 |
Calvary Partners LP, a San Diego investment firm, is seeking a court order to force Diceon Electronics Inc. to turn over its shareholders' list in connection with Calvary's $27.2-million tender offer for the Irvine electronics firm. In a suit filed Friday in Delaware Chancery Court, Calvary alleges that Diceon failed to comply with Calvary's request to supply it with a list of company shareholders.
January 5, 1991 |
Calvary Partners LP formally launched its campaign Friday to oust Diceon Electronics' directors and replace them with a slate of its own as part of its attempt to acquire the troubled electronics manufacturer. Calvary, a San Diego investment firm, said in a letter to shareholders that it will nominate four directors at Diceon's annual meeting on Jan. 16. Calvary has offered $5.25 a share for Diceon's 5.1 million shares outstanding in a deal worth $27.2 million.
December 20, 1990 |
Diceon Electronics Inc. on Wednesday spurned a $27.2-million hostile bid from Calvary Partners LP in San Diego, saying the offer was too low and didn't reflect Diceon's value in the market. Diceon's board of directors, making its first response to Calvary's 3-week-old offer, also called the bid "highly conditional" and questioned the San Diego's firm's ability to finance the purchase price.