Will they merge?
Tell us what you think of a propose deal... will the deal go through?
Imperium Partners Group, LLC to Acquire ESS Technology, Inc.
Parties:
>Imperium Partners Group, LLC is an institutional asset management firm. Imperium makes structured investments in public and private growth companies with a focus on the technology and biotech sectors.(http://www.imperiumpartners.com)
 
> ESS Technology, Inc. designs and markets high-performance digital video processors for the consumer market.(http://www.esstech.com/)
Deal Information:
>AGREEMENT AND PLAN OF MERGE 
http://www.sec.gov/Archives/edgar/data/907410/000095013408003217/f38334exv2w1.htm
 
>Press Release:
 
>Consideration:
Imperium will acquire all outstanding shares of ESS Technology for $1.64 per share in cash
 
>Expected Closed:
Mid 2008
 
>Termination fee:
ESS to pay $1,981,000 and up to $500,000 in reimbursement of expenses
 
>Notes:
  • Deal is subject to ESS Technology shareholders approval.

News:
 

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