Diodes inc provides update on lite-on semiconductor acquisition

Diodes incorporated provides update on lite-on semiconductor acquisition.diodes inc - has been working through final process of securing required regulatory approvals in both taiwan and china.diodes inc - on-bright held a board meeting where a resolution has been reached to implement a merger between on-bright and unit of orthosie.diodes inc - on-bright will become wholly-owned subsidiary of orthosie post-merger.diodes - lite-on semiconductor held board meeting where resolution has been reached to sell 16.5% of on-bright electronics incorporated held by lsc.diodes inc - following transaction, lsc's remaining ownership of on-bright shares will amount to 14.69%.diodes - upon completion of on-bright merger, lsc's remaining shares of on-bright will be exchanged to ntd230 in cash per share.
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