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[Mr B]

RSYS announced buyout of $1.72 Currently at 1.48.

Reliance Industries Announced Friday It Will Acquire Radisys for $1.72/Share in Cash
8:00 am ET July 1, 2018 (Benzinga) Print
Radisys Corporation (NASDAQ: RSYS) and Reliance Industries Limited have entered into a definitive agreement under which Reliance will acquire Radisys for US$1.72 per share in cash.The transaction is subject to certainRadisys Corporation (NASDAQ:RSYS) and Reliance Industries Limited have entered into a definitive agreement under which Reliance will acquire Radisys for US$1.72 per share in cash.

The transaction is subject to certain customary closing conditions, including regulatory approvals and approval of Radisys' shareholders, and is expected to close in the fourth quarter of 2018. RIL intends to finance the transaction through its own internal accruals.

Covington & Burling LLP is acting as legal advisor and Ernst & Young provided diligence and tax advisory services to RIL.
Raymond James & Associates, Inc. is acting as financial advisor and Baker & McKenzie LLP is acting as legal advisor to Radisys.