Cases & Deals

Share

Zoran to merge with CSR for $679 million

February 2011

Client(s) Zoran Corporation

Jones Day advised Zoran Corporation in its merger with CSR plc for $679 million. Under the merger agreement, Zoran shareholders will receive 1.85 ordinary shares of CSR in the form of American Depositary Shares for each share of Zoran common stock held. Also, CSR announced that it intends to return up to $240 million to shareholders via an on-market share buyback programme.

In addition to M&A representation, Jones Day provided antitrust, capital markets, intellectual property, tax, employee benefits, labor and employment, and securities litigation advice regarding this transaction.

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.