Business News
Gerber Scientific Mails Take-Over Bid Circular to Virtek Shareholders
Thursday 18. September 2008 - Gerber Scientific, Inc. (NYSE:GRB) announced today that its wholly owned Canadian subsidiary, Gerber Scientific Canada Inc., has mailed its previously announced offer to purchase all of the outstanding common shares of Virtek Vision International Inc. (TSX: VRK) for a price of Cdn.$1.05 per share (the "Offer").
The Offer was mailed with a directors’ circular from Virtek in which the Board of Directors of Virtek unanimously recommends that Virtek’s shareholders accept the Offer.
The Offer is open for acceptance at any time up to 5:00 p.m. (Toronto time) on October 21, 2008 unless withdrawn or extended. The Offer is subject to certain conditions, which are described in the take-over bid circular of the Offeror. Inquiries concerning the Offer should be directed to Gerber’s information agent: Kingsdale Shareholder Services Inc., toll free at 1-800-775-1986.