Monday 23. November 2009
EFI Announces Commencement of Tender Offer to Purchase up to 4,500,000 Shares of Its Common Stock
Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, announced today that it has commenced a modified “Dutch Auction” tender offer to purchase up to 4,500,000 shares of its common stock at a price not less than $11.25 per share or more than $12.75 per share. The number of shares proposed to be purchased in the tender offer represents approximately 9% of EFI’s currently outstanding shares. The last reported sales price per share of EFI’s common stock on the NASDAQ Global Select Market on November 19, 2009 was $11.59 per share.