In connection with the merger, each ChipPAC stockholder will receive 0.87 STATS American Depositary Shares for each share of ChipPAC Class A common stock. In the transaction, STATS issued to ChipPAC stockholders approximately 86.19 million STATS ADSs, representing approximately 861.88 million STATS ordinary shares. STATS ADSs will continue to trade on the Nasdaq National Market under the symbol STTS. Shares of ChipPAC Class A common stock stopped trading as of the close of market on August 4 (New York time).
(August 9, 2004) Urbana, Ill.—Many research groups today work to improve the electrical capabilities of organic, or plastic, materials. But researchers from the University of Illinois at Urbana-Champaign are finding ways to produce extremely small electrical components from crystalline silicon that can be attached to a plastic backing.