Orad Hi-Tec Systems Ltd
Orad Hi-Tec Systems Ltd: Notice to Creditors Regarding the Filing of a Merger Proposal with the Israeli Registrar of Companies
Orad Hi-Tec Systems Ltd / Key word(s): Mergers & Acquisitions Orad Hi-Tec Systems Ltd. In accordance with Section 318 of the Companies Law, 5759-1999 of the State of Israel and Regulation 3 of the Companies Regulations (Merger), 5760-2000 of the State of Israel, notice is hereby given to the creditors of Orad Hi-Tec Systems Ltd., Israeli public company number 52-004439-7 (“Orad“), to the extent existing, that on the 19th day of April, 2015, Orad and Messinio Ltd. (“Messinio“), Israeli private company number 51-523289-0 (a wholly-owned indirect subsidiary of Avid Technology, Inc., a Delaware corporation (“Avid“)), have filed a merger proposal to the Israeli Registrar of Company, whereby Messinio will merge with and into Orad. Upon completion of the merger, Orad will become a wholly-owned indirect subsidiary of Avid. 2015-04-22 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Orad Hi-Tec Systems Ltd | |
15 Atir Yeda str POB 2177 | ||
44425 Kfar Saba | ||
Israel | ||
Phone: | +972-9-7676862 | |
Fax: | +972-9-7676861 | |
E-mail: | orad@orad.tv | |
Internet: | www.orad.co.il | |
ISIN: | IL0010838071 | |
WKN: | 928634 | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart; London | |
End of News | DGAP News-Service |
346729 2015-04-22 |