Tuesday, October 28, 2014

FIMI COMMENCES CASH TENDER OFFER FOR GILAT SATELLITE NETWORKS LTD.

KUALA LUMPUR, Oct 27 (Bernama-GLOBE NEWSWIRE) -- FIMI Opportunity IV, L.P, FIMI Israel Opportunity IV, Limited Partnership, FIMI Opportunity V, L.P and FIMI Israel Opportunity Five, Limited Partnership (collectively "FIMI"), announced today that they have commenced a cash tender offer to purchase 5,166,348 ordinary shares of Gilat Satellite Networks Ltd. ("Gilat") (Nasdaq:GILT) for $4.95 per share. If more than the maximum number of shares offered to be purchased in the tender offer are tendered, FIMI will purchase shares on a pro rata basis.

http://mrem.bernama.com/viewsm.php?idm=23253

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