RAE Systems to Be Acquired by Vector Capital for $1.75 p/sh
January 18, 2011 at 14:53 PM EST
RAE Systems Inc. (RAE) today announced that it has entered into a definitive merger agreement with affiliates of Vector Capital under which an affiliate of Vector will acquire the outstanding shares of RAE common stock for $1.75 per share in cash. The company said that a special committee of the RAE Systems Board of Directors, [...]