2016 Press Releases

These archived press releases are provided for reference by LeapFrog. Each press release contains information that was current only as of the date of such press release. LeapFrog does not update or delete outdated information contained in these releases, and it expressly disclaims any obligation to do so.

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DateTitle 
04/04/16VTech Completes Acquisition of LeapFrog
HONG KONG and EMERYVILLE, Calif., April 4, 2016 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303), a global leader in electronic learning products and cordless telephones, today announced that the company has completed its acquisition of LeapFrog Enterprises, Inc. (LeapFrog, NYSE: LF), a leading developer of educational entertainment for children. Under the terms of the previously announced transaction, VTech agreed to acquire 100% of the outstanding common stock of LeapFrog at US$1.... 
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04/04/16VTech Announces Results of Tender Offer for LeapFrog Shares
HONG KONG and EMERYVILLE, Calif., April 4, 2016 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303), a global leader in electronic learning products and cordless telephones, today announced that approximately 56.60% of all issued and outstanding shares of common stock of LeapFrog Enterprises, Inc. (LeapFrog, NYSE: LF) had been validly tendered and not withdrawn as of 11:59 p.m., New York City time, on April 1, 2016, the expiration date of the cash tender offer (the "Offer") conducted by Bo... 
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03/30/16LeapFrog Board Of Directors Reaffirms Support Of Merger With VTech; No Superior Proposals Have Been Made Or Are Pending
EMERYVILLE, Calif., March 30, 2016 /PRNewswire/ -- LeapFrog Enterprises, Inc. (NYSE: LF) today reiterated its recommendation that LeapFrog's stockholders accept the currently outstanding tender offer from an indirect, wholly-owned subsidiary of VTech Holdings Limited ("VTech") for $1.00 per share for all outstanding shares of Class A common stock and Class B common stock. The offer is currently scheduled to expire at 11:59 p.m., New York City time, on April 1, 2016. "The value, certainty and... 
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03/03/16VTech Holdings Limited Commences Tender Offer for All Outstanding Stock of LeapFrog Enterprises, Inc.
HONG KONG and EMERYVILLE, Calif., March 3, 2016 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303) today announced the commencement of its cash tender offer for all outstanding shares of Class A common stock and Class B common stock of LeapFrog Enterprises, Inc. (LeapFrog, NYSE: LF) for US$1.00 per share. The tender offer is being made pursuant to an Offer to Purchase, dated 3 March 2016, and in connection with the Agreement and Plan of Merger, dated 5 February 2016, among VTech, Bonita M... 
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02/09/16LeapFrog Reports Third Quarter Fiscal Year 2016 Financial Results
EMERYVILLE, Calif., Feb. 9, 2016 /PRNewswire/ -- LeapFrog Enterprises, Inc. (NYSE:LF) today announced financial results for the third quarter fiscal year 2016. The Company's fiscal year covers the twelve-month period ending March 31, 2016. Summary of financial results for the quarter ended December 31, 2015 compared to the quarter ended December 31, 2014: Consolidated net sales were $83.1 million, down 43%. U.S. segment net sales were down 41%, and international segment net sales were do... 
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02/05/16VTech to Acquire US based LeapFrog Enterprises
HONG KONG and EMERYVILLE, Calif., Feb. 5, 2016 /PRNewswire/ -- VTech Holdings Limited (VTech, HKSE: 303),a global leader in electronic learning products and cordless telephones, and LeapFrog Enterprises, Inc. (LeapFrog, NYSE: LF), a leading developer of educational entertainment for children, today announced that the two companies have entered into a merger agreement whereby VTech will acquire LeapFrog. VTech plans to acquire 100% of the outstanding common stock of LeapFrog through an all cas... 
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