Nocom extends acceptance period for merger offer to stockholders in IAR Systems AB
Nocom AB (publ) has decided to extend the acceptance period for their merger offer to stockholders of IAR Systems AB (publ) to the end of business on Friday March 11, 2005. TurnIT AB, owner of approximately 75% of all shares of IAR Systems, has declared its acceptance of the offer to include IAR Systems in the proposed merger but has agreed to retain its shares during the acceptance period. The new Nocom will retain this ownership of IAR Systems when the merger with TurnIT is made effective. By the end of the original acceptance period owners of 3,980,337 shares of IAR Systems, representing