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Elbit Systems — M&A Activity 2007
Apr 25, 2007
6762_rns_2007-04-25_3b1998f2-f408-4f0c-aeb7-10ab9034c88b.pdf
M&A Activity
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ELBIT SYSTEMS LTD.
Elbit Systems obtains Regulatory Approvals for Tender Offer for Balance of Tadiran Communications' Shares
Haifa, Israel, April 25, 2007 – Elbit Systems Ltd. (Nasdaq: ESLT) (the “Company”) announced today that further to its announcement of March 20, 2007 regarding the issue of a cash tender offer to acquire the balance of the ordinary shares of Tadiran Communications Ltd. (TASE: TDCM) (“Tadiran”), all the required regulatory approvals, detailed in Article 4.1 of the Tender Offer, have been obtained.
The final day for Tadiran shareholders to respond to the Tender Offer remains as April 26, 2007
About Elbit Systems Ltd.
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world. The Elbit Systems Group, which includes the company and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence, surveillance and reconnaissance ("C4ISR"), advanced electro-optic and space technologies, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and equipment. The Group also focuses on the upgrading of existing military platforms and developing new technologies for defense and homeland security applications.
Contacts:
Company Contact:
Joseph Gaspar, Corporate VP & CFO Dalia Rosen, Director of Corporate Communications Elbit Systems Ltd Tel: +972-4-8316663 Fax: +972-4-8316944 E-mail: [email protected] [email protected]
IR Contact:
Ehud Helft / Kenny Green G.K. Investor Relations Tel: 1-866-704-6710 Fax: +972-3-607-4711 E-mail: [email protected]
STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA ARE FORWARD-LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES OR
OTHER FACTORS NOT UNDER THE COMPANY'S CONTROL, WHICH MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONS IMPLIED BY THESE FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO, THOSE DETAILED IN THE COMPANY'S PERIODIC FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION.