Koch Industries Closes Acquisition Of Oplink Communications - Quick Facts

(RTTNews) - Privately-held Koch Industries, Inc. completed Tuesday the acquisition of Oplink Communications, Inc. (OPLK) following the completion of the tender offer.

Koch Industries' wholly owned subsidiary Koch Optics, Inc. completed its tender offer to purchase all issued and outstanding shares of common stock of Oplink at a price of $24.25 per share.

Following the closure of the tender offer, Koch Optics has merged with and into Oplink, effective December 23, 2014. Oplink shares have also ceased trading on the NASDAQ Global Market.

A total of 14.70 million shares were validly tendered and not withdrawn in the tender offer, representing about 83.8 percent of Oplink's outstanding shares. Koch Optics has accepted for payment all shares tendered in the tender offer.

Koch Optics and Oplink subsequently completed the merger without a vote or meeting of Oplink's shareholders, with Oplink surviving the merger as a wholly owned subsidiary of Koch Industries.