News - Mikal Ltd.
HAIFA, Israel, Oct. 17 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (Nasdaq and TASE: ESLT) ("Elbit Systems") announced today, further to its announcements of June 15, 2009, September 14, 2009 and September 2, 2010, that it completed the acquisition of all the shares of Soltam Systems Ltd.
HAIFA, Israel, September 2, 2010 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today, further to its announcements of June 15, 2009 and September 14, 2009, that it signed an agreement to acquire all the shares of Soltam Systems Ltd.
HAIFA, Israel, September 14 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ:ESLT) announced further to its announcement on June 15 2009, that after receiving all the appropriate approvals (or authorizations), the $18 million loan that was granted to Mikal Ltd., was converted to an equity investment, and Mikal will issue approximately 19% of its shares to Elbit Systems. (Logo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 ) As part of the agreement, Elbit Systems was granted the option to purchase the remaining shares of Mikal from the other shareholders, in the course of 2011, for a purchase price to be determined in accordance with an independent external valuation. About Elbit Systems Elbit Systems Ltd.
HAIFA, Israel, June 15 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ: ESLT), announced today that it signed an agreement with Mikal Ltd. ("Mikal") under which it will invest approximately $18 million in Mikal in consideration for the issuance of approximately 19% of Mikal's shares.
