Home/Filings/3/0001181431-08-050151
3//SEC Filing

EXCEL TECHNOLOGY INC 3

Accession 0001181431-08-050151

CIK 0000873603operating

Filed

Aug 25, 8:00 PM ET

Accepted

Aug 26, 3:38 PM ET

Size

6.1 KB

Accession

0001181431-08-050151

Insider Transaction Report

Form 3
Period: 2008-08-20
GSI GROUP INC
10% Owner
Holdings
  • Common Stock, par value $0.001 per share

    8,571,831
Footnotes (3)
  • [F1]In accordance with the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 9, 2008, by and among GSI Group Inc., a New Brunswick corporation ("GSI"), Eagle Acquisition Corporation, a Delaware corporation and an indirect wholly-owned subsidiary of GSI ("Purchaser"), and Excel Technology, Inc., a Delaware corporation ("Excel"), on July 23, 2008, Purchaser commenced a cash tender offer (the "Offer") to purchase all outstanding shares of common stock, par value $0.001 per share, of the Company (the "Shares") at a price of $32.00 per share, net to the seller in cash, and subject to the terms and conditions set forth in the Offer to Purchase, dated July 23, 2008, as amended, included as an exhibit to the Tender Offer Statement on Schedule TO filed by GSI and Purchaser with the Securities and Exchange Commission on July 23, 2008.
  • [F2]The Offer expired at 12:00 midnight, New York City time, on Tuesday, August 19, 2008. An aggregate of 8,571,831 Shares were validly tendered and not withdrawn (not including certain shares tendered under guaranteed delivery procedures), representing approximately 78.62% of the Company's outstanding common stock. On August 20, 2008, Purchaser accepted for payment all validly tendered and not withdrawn Shares.
  • [F3]Purchaser, an indirect wholly owned subsidiary of GSI, is the registered owner of the Shares purchased in the Offer.

Issuer

EXCEL TECHNOLOGY INC

CIK 0000873603

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000873603

Filing Metadata

Form type
3
Filed
Aug 25, 8:00 PM ET
Accepted
Aug 26, 3:38 PM ET
Size
6.1 KB