3Dlabs Signs Definitive Agreement to be Acquired by Creative Technology

3/11/2002 - 3Dlabs®, Inc. Ltd. (NASDAQ:TDDD), announced today that it has signed a definitive agreement with Creative Technology Ltd. (NASDAQ:CREAF) to be acquired in a stock and cash transaction. Subject to the terms and conditions described below, Creative will purchase 3Dlabs stock at $3.60 per share, with two-thirds being converted to Creative stock and one-third to cash, valuing the company at approximately $170 million.

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