Summary of VIRAGE LOGIC CORP

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VIRL > SEC Filings for VIRL > Form 8-K on 18-Dec-2008

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Form 8-K for VIRAGE LOGIC CORP

18-Dec-2008

Other Events, Financial Statements and Exhibits

Item 8.01 Other Events

On December 17, 2008, Virage Logic Corporation (the "Company") issued a press release announcing it is revoking its proposal to acquire LogicVision for $1.05 per share in cash. The proposal, made public on December 3, 2008, offered a premium of 114% to LogicVision's closing price of $0.49 on December 1, 2008, and valued LogicVision at approximately $10.0 million.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Press release dated December 17, 2008, entitled "Virage Logic Revokes Proposal to Acquire LogicVision."

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