International Displayworks Inc
International Displayworks — Merger or Acquisition (September 2006)
8 slides from International Displayworks's merger presentation, Sep 6, 2006
Slide 1: Disclaimer
Disclaimer ‘CAUTIONARY LANGUAGE REGARDING FORWARD LOOKING STATEMENTS “This dacument contains forward-looking statements wihin the meaning of federal secures laws relating to both Flextonies and IDW. ‘These forwaré-ooking statements include statements related to the expected closing ofthe acquisition
Slide 2: A Significant Announcement: Flextronics to Acquire International DisplayWorks
A Significant Announcement! Today we announced a significant deal with Flextronics FLEXTRONICS TO ACQUIRE INTERNATIONAL DISPLAYWORKS Flextronics bolsters vertical integration capabilities with addition of small form factor liquid crystal displays
Slide 3: Summary of the Deal
Summary of the Deal IDW will become a Wholly Owned Subsidiary of Flextronics The Terms of the Deal call for Flextronics to acquire all of the outstanding shares of IDW via a Stock Swap The Transaction is based on a Price of $6.55 per share of IDW Stock After the completion of the acquisition, Flextr
Slide 4: How does the Stock Swap Work
How does the Stock Swap Work Example of the swap methodology: Exchange rate is calculated by Dividing the IDW Swap Price by the Flextronics Price - This rate is fixed within a range of Flextronics stock price Value of IDW Shares at Offer Price Resulting Value of Flextronics Shares at deal price - th
Slide 5: Why do the deal?
Why do the deal? First of all, the deal enables the two companies to leverage some powerful synergies to expand opportunities; Aligns with Flextronics and IDW strategy for vertical integration Enables economies of scale to penetrate new markets Leverages significant supply chain expertise and scope
Slide 6: This is excellent news for IDW
This is excellent news for IDW The acquisition provides IDW with Scale, Vertical Integration leverage, Supply chain opportunity - All in line with our Vision for Growth of IDW. The resources provided by this acquisition will enable us to become a major player within the markets we currently serve We
Slide 7: Timeline for the Deal
Timeline for the Deal The deal has been approved and endorsed by the Board of Directors The deal requires a vote by our shareholders we are setting up the proxy and voting structure now The target closing date of the deal is in calendar Q4 2006 The deal needs to pass the scrutiny of appropriate gove
Slide 8: Thank You!!
Thank You!! The exciting opportunity is a result of your hard work and dedication! Your Contributions have enabled this opportunity. This is a new Chapter for IDW - We move forward based on success we have accomplished. We have a strong track record of performance (Financially and Operationally) Thi
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