14cent divi dec. for holders as of 10/16/14 (same as last year?)
Cash and equivs =$450M "+";
Capex up to $110M for 2014, but nice guidance-"very positive near term outlook..." LCDD drivers, 4K etc.
Not seeing inv. overhang of competitors;
Cannot comment on timetable for corp. restructuring due to "fluidity" of situation--but will update as material events warrant.
So business outlook excellent, cash sis heavy, but deal is not to be disclosed on conversion.
Not a surprise, but they are putting their cash to good use and Spil shares purchase, while necessary, should be based on fair formula, or many here will be ... less than pleased.