Francisco Partners Management announced the ".. results of its tender offer to purchase all of the outstanding shares of common stock of Procera Networks // for $11.50 per share .. as of the expiration of the tender offer at 12:00 a.m. New York City time at the end of the day on Thursday, June 4, 2015, a total of 16,529,499 shares of Procera common stock had been validly tendered and not validly withdrawn, representing approximately 79% of Procera’s outstanding shares .. the condition to the tender offer that a majority of Procera’s outstanding shares be validly tendered has now been satisfied and Francisco Partners intends to complete its acquisition of Procera later today"
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