Integrated Silicon Solution Stockholders Approve Acquisition By Uphill

(RTTNews) - Integrated Silicon Solution Inc. (ISSI) said that its stockholders approved the acquisition of ISSI by Uphill Investment Co. for $23.00 per share in cash pursuant to the merger agreement between ISSI and Uphill dated as of March 12, 2015, as amended.

ISSI and Uphill expect the acquisition to close in the third calendar quarter of 2015 upon the satisfaction of the remaining closing conditions including completion of the restructuring of ISSI's operations in Taiwan and obtaining approval of the transaction by the Committee on Foreign Investment in the United States (CFIUS).