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Vishay holders opt to put all LYONs due 2021
By Jennifer Chiou
New York, June 5 - Vishay Intertechnology, Inc. said that holders of its Liquid Yield Option Notes due June 4, 2021 put all their securities.
The option expired at 5 p.m. ET on June 2.
Holders who exercised the option will receive $639.76 cash per $1,000 principal amount at maturity of the convertibles.
Vishay, a Malvern, Pa., maker of electronic components, said the purchase price was $137.9 million.
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