IDT Stockholders Approve Renesas Merger

IDT stockholders voted to adopt the merger agreement with Renesas Electronics Corporation at a special meeting held on January 15, 2019. The transaction is expected to close in the first half of calendar 2019, pending regulatory approvals.

“At the Company’s special meeting of stockholders held on January 15, 2019, IDT stockholders voted to adopt the Agreement and Plan of Merger, dated September 10, 2018, by and between IDT and Renesas Electronics Corporation.”

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