Pixelworks Announces Preliminary Results of Its Modified Dutch Auction Tender Offer
Friday, February 29th, 2008TUALATIN, Ore – Pixelworks, Inc. (NASDAQ:PXLW), an innovative provider of powerful video and pixel processing technology, today announced the preliminary results of its “Modified Dutch Auction” tender offer for a portion of its outstanding 1.75% convertible subordinated debentures due 2024. The offer expired at 5:00 p.m., New York City time, on Thursday, February 28, 2008.
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