Receipt of All Regulatory Approvals Relating to Tender Offer For Shares of EMS

Honeywell (NYSE: HON) today announced that it has received all required regulatory approvals in connection with the previously-announced cash tender offer made by Egret Acquisition Corp., a wholly-owned subsidiary of Honeywell, to purchase all of the outstanding shares of common stock of EMS Technologies, Inc. (NASDAQ: ELMG), including the associated common stock purchase rights, at a price of $33.00 per share, without interest and net of applicable withholding taxes. On August 15, 2011, Honeywell received the last of the required approvals from the Federal Communications Commission in connection with the tender offer. Honeywell had previously received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and required foreign antitrust approvals in Canada and Austria.

As previously announced, the tender offer is scheduled to expire at 5:30 p.m., New York City time, on Friday, August 19, 2011. The tender offer may be extended pursuant to the procedures described in the Offer to Purchase with respect to the tender offer.

November 28, 2011

Continue