Arrow Extends Offer for Data Modul

Arrow Electronics has reduced the acceptance threshold of its offer for all outstanding shares of Data Modul from 75% to 50%, thereby extending the offer period to 7th April 2015.

In February, Arrow Electronics, through its wholly-owned subsidiary in Munich, Germany,initiated an all-cash tender offer to acquire the shares of Data Modul, for a purchase price of €27.50 per share Arrow Electronics to Acquire Data Modul).