( May 25, 2007, 10:04 GMT | Official Statement) -- Extract: This morning, CEVA Group Plc ("CEVA") announced that it has entered into a definitive agreement to acquire EGL, Inc. for $47.50 per EGL share. Our effort to acquire EGL has been a lengthy process, and we are pleased that the Board's Special Committee and disinterested directors have unanimously approved our transaction. We also wish to thank the EGL management team for their steadfast devotion to the best interests of EGL's employees, customers and shareholders during this process. In this protracted process, they have held the interests of these stakeholders above all.This morning, CEVA Group Plc ("CEVA") announced that it has entered into a definitive agreement to acquire EGL, Inc. for $47.50 per EGL share. Our effort to acquire EGL has been a lengthy process, and we are pleased that the Board's Special Committee and disinterested directors have unanimously approved our transaction. We also wish to thank the EGL management team for their steadfast devotion to the best interests of EGL's employees, customers and shareholders during this process. In this protracted process, they have held the interests of these stakeholders above all....
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