LKP Global Law, LLP Represents AML Communications, Inc. on its Acquisition by Anaren, Inc.

February 24, 2011 at 1:52 AM

LKP Global Law, LLP Represents AML Communications, Inc. on its Acquisition by Anaren, Inc.

Osterondo TechnologiesCentury City, CA (February 24, 2011) - LKP Global Law, LLP announced today that the firm represented a designer, manufacturer, and marketer of microelectronic assemblies for the defense industry company AML Communications, Inc. (OTC: AMLJ) on the execution of a definitive agreement to be acquired by Anaren, Inc. (NASDAQ: ANEN) a designer, manufacturer and seller of complex microwave components and subsystems for the wireless communications, satellite communications and defense electronics markets. Under the terms of the definitive merger agreement, Anaren, through a subsidiary, has agreed to acquire all of AML's outstanding shares of common stock for $2.15 per share in an all-cash transaction, representing an equity value of approximately $29.3 million and an enterprise value of approximately $22.6 million. LKP Global Law corporate partner, Ryan S. Hong led the LKP Global Law team, which included corporate associate, Rahul Dange, and labor & employment partner, Victor Fu. About AML Communications, Inc.: AML is a designer, manufacturer, and marketer of microelectronic assemblies for the defense industry. AML's extensive range of microwave products can be found in leading defense projects. For more information on AML's products, visit www.amlj.com or click the AML logo.



Category: Cases