2008-12-02 06:20:52
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Listed Closing Values do not include regular dividends.

Symbol	Announced Date	Closing Value	Last Price	Closing Date	Profit	Annualized Profit
JAZ	2008-05-20	$1.51	$0.73	2008-09-19	107.40 %	0.00 %

Additional Information

If the merger is completed, Jazz Technologies shareholders will receive 1.8 shares of Tower Semiconductor stock for each share held.

Jazz Technologies Merger News:

Date	Update
2008-08-13	Tower Semiconductor & Jazz Technologies Announce Merger on Track for Closing in September 2008 (Business Wire)
2008-08-20	Jazz Technologies Announces That Tower Semiconductor Has Signed Memorandum of Understanding to Restructure Towers Debt (Business Wire)
2008-08-31	Merger Arbitrage Opportunity in Jazz Technologies? (at Seeking Alpha)
2008-09-17	Jazz Technologies Announces Stockholders Approved Merger Agreement with Tower Semiconductor (Business Wire)
2008-09-19	Tower Semiconductor Completes Buyout of Jazz Technologies

View Closing Conditions for the Jazz Technologies (JAZ) Merger

View Financing Conditions for the Jazz Technologies (JAZ) Merger

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