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MILPITAS, CA--(Marketwired - Nov 20, 2015) - Pericom Semiconductor Corporation ("Pericom" or the "Company") (NASDAQ: PSEM) announced today that, based on a preliminary count of the votes cast at the Company's Special Meeting of Shareholders held this morning, Pericom shareholders have approved the previously announced Agreement and Plan of Merger between Diodes Incorporated ("Diodes") (NASDAQ: DIOD) and Pericom (the "Agreement").
Milpitas, CA – November 19, 2015 – Pericom Semiconductor Corporation (“Pericom” or the “Company”) (NASDAQ: PSEM) announced today that leading independent proxy advisory firm, Glass, Lewis & Co. (“Glass Lewis”) issued an update this evening to its report, dated November 11, 2015, in favor of a Pericom-Diodes transaction.
As you know, our Special Meeting of Shareholders (the “Special Meeting”) will be held on Friday, November 20, 2015 at 9:00 a.m. PT. The Special Meeting is being called primarily to seek shareholder approval of the acquisition of Pericom by Diodes Incorporated (“Diodes”) (NASDAQ: DIOD), pursuant to the Agreement and Plan of Merger between Diodes and Pericom, dated September 2, 2015, as amended November 5, 2015 (the “Diodes Merger Agreement” or the “Agreement”).