RAE Systems (RAE) amends its merger agreement with Vector Capital, with investors now set to get...

|About: RAE Systems Inc. (RAE)|By:, SA News Editor

RAE Systems (RAE) amends its merger agreement with Vector Capital, with investors now set to get $2.25/share instead of the initial $2.05 offered. The amendment follows a rival offer of $2.20/share yesterday from Battery Ventures and SFW Capital Partners. Shares +8.3% to $2.22. (PR)